I tried to playback the same video (4K HEVC) on both the Intel build and the native ARM build on Mac mini. Funnily enough, Intel build was able to playback the video without issue. The native ARM build however was experiencing stutters/grey screens/audio cutouts during playback. Both downloaded straight from VLC website. Is this software bug that needs to be fixed, or is this user error?
Intel Build Video Output
M1 Build Video Output