Yes there was an issue. I was able to resolve it myself.
After recent updates of linux-firmware, my laptop no longer sleeps properly.
In dmesg, I’ve found that the NPU can’t initialize due to a firmware version somehow mismatched, I guess.
[ 8.839495] amdxdna 0000:c4:00.1: [drm] *ERROR* aie2_check_protocol: Incompatible firmware protocol major 7 minor 2
[ 8.839504] amdxdna 0000:c4:00.1: [drm] *ERROR* aie2_hw_start: firmware is not alive
[ 8.999437] amdxdna 0000:c4:00.1: [drm] *ERROR* aie2_smu_exec: smu cmd 4 failed, 0xff
[ 8.999442] amdxdna 0000:c4:00.1: [drm] *ERROR* aie2_smu_fini: Power off failed, ret -22
[ 8.999443] amdxdna 0000:c4:00.1: [drm] *ERROR* aie2_init: start npu failed, ret -22
[ 8.999456] amdxdna 0000:c4:00.1: [drm] *ERROR* amdxdna_probe: Hardware init failed, ret -22
[ 8.999464] amdxdna 0000:c4:00.1: probe with driver amdxdna failed with error -22
and discovered this particular commit is causing an issue.
Filed a bug in AMD.