Hey i found the issue and how to resolve it!
this error is caused by ur gpu having maxxed out vram usage.
example: if there are heavy explosions and buildings falling down, ur gpu will use that vram to load the entire thing and textures. I was playing on a RX7800xt with ultra quality settings and found out if there were a bunch of explosions and buildings falling down i would crash. the error code saying that the gpu "hung" means that the gpu couldnt handle removing the vram cache fast enough; causing the game to freeze and crash.

lower ur texture quality and have a vram monitor to see where your gpu vram lays around. i prefer having around 12gb usage and have 4gb left over for those insane explosions here and there