Asset Preview displays missing Material after the missing Material was restored

Unity: Project Browser

This issue has been closed as a duplicate of:

6.2.X

6.1.X

6.0.X

2022.3.X

Steps to reproduce:

Open attached project
Delete TestMat material
Create a new material and name it "TestMat" - This could be easily done using version control if the User decides to reverse the made changes
Open the Cube Prefab
Reapply the Material and Save it. This is optional as the Cube model automatically picks the re-created material
Observe the Cube Prefab's Preview in the Project Browser

Actual results: Cube's Preview displays a missing material

Expected results: Cube's Preview displays the restored material

Reproducible with versions: 2022.3.56f1, 6000.0.35f1, 6000.1.0b3

Tested on (OS): macOS 15.2

Notes:

Tested with Built-in and Universal RPs
Using the Refresh option does not fix the Issue
Using the Reimport option fixes the Inspector Preview, but the Asset Preview in the Project Browser remains broken.
Closing and Reopening the Project does not fix the issue
Only deleting the Library folder and restarting the Project resolves the issue