This seems to be an issue related to the most recent Nvidia Driver, somehow also related to Direct X 12 on Windows 11 machines:
However this helped in very few occasions:
https://docs.unrealengine.com/5.0/en-US/how-to-fix-a-gpu-driver-crash-when-using-unreal-engine/
Sometimes it might also be related to other issues:
Nevertheless this issue did not get resolved for me, I have a similar machine like yours. It is out of question that the VRAM is insufficient, I barely get to 6GB, it is still not resolved from Nvidia…