I don't know if this issue is related to multi monitor setup, as I make some samples with one monitor and ray tracing enable, I didn't have the problem again, could someone confirm?
I have the same Issue and I just disable GPU Ray Tracing as the recommendation on known-incompatibilities from Chief Architect on Intel Arc Graphics (no problem so far).
This Issue seems to be happened before:
Known Incompatibilities with Chief Architect Software - Windows 11 with NVIDIA 30 Series Graphics.
I do use other software for rendering and no related issue with nvidia driver or Ray Tracing.
I have the same Issue but I'm using corsair gaming mouse, I change the report rate to 250 and didn't work for me, also there are two more threads reporting this issue.