Steps to Reproduce:
Does this issue occur when all extensions are disabled?: Yes

I can't find any logs or crash reports, but may be looking in the wrong place! Let me know if I can provide anything else
Maybe you should try Electron or Chrome first.
Yeah I suspect this is waiting on fixes to Electron first. Apple did say they were working on it, but I'm assuming the fixes will need to be brought into VSCode
Thanks for opening the issue, this will be blocked until https://github.com/electron/electron/issues/24319 is resolved.
Merging this to https://github.com/microsoft/vscode/issues/104780
Most helpful comment
related Issue 1102194: Intel Chrome crashes under Rosetta 2 on arm macs
electron patch https://github.com/Unity-Technologies/electron/commit/79a9fa9f4619393b78a44a69f92b32070f473e83