Macbook Air M1 Blank Screen

Macbook Air M1 acting weird. Not sure what's going on.

1) While working the screen suddenly becomes blank (its on means power is on, but no display). If I am seeing video, video is still getting played, can see keyboard backlight with no display.

2) After no display, it works 50-60% of the time if I closed the macbook lid for some time and open lid again. But sometimes even this is not working.

3) I have already checked the disk utility, its fine and have also reinstalled the latest macOS (monetary macOS version12.6)

4) I have tried to boot in safe mode but it does not work.