Happens on a new m1 pro 14 inch. But I also have a problem with pinch to zoom in/out gestures. 30% times I have to repeat the gesture. Drives me nuts. I am hopping that this is related to the software bug you are all experiencing. Unfortunately I didn't have a chance to test this laptop on older versions of OS so I can't be sure if this is hardware related in my case or not. Are you experiencing problems with zoom in/out (with two fingers) as well?
I've been using 2015 macbook before which never had failed to register gestures like this.