I have the same issue with a Samsung T7 1TB drive. I have noticed a pattern. I have three portable usb drives(2 SSD and one Lacie rugged).
All drives except the Samsung T7 work perfectly on all my Macs (+ others where I work).
The T7 works on all macs that have earlier operating systems (not Ventura or Sonoma). On operating systems from Mavericks to Monterey The T7 works fine and in the system report in the Hardware: USB tab, current available is 900mA and current required is 896mA. But on either Ventura or Sonoma, current available is 500mA and current required is 500mA. The other drives (WD passport 1TB and Lacie Rugged 2TB) show current available is 900mA and current required is 896mA across all hardware and operating systems.
The T7 will mount but after a short period will become unresponsive and be difficult to eject. When I first noticed this the drive would eject itself but it no longer does this. It just becomes unresponsive. I have seen it happen on four different machines, two with Ventura and two with Sonoma. I hope Apple will take this issue seriously.
Perhaps this is difficult to follow so I will summarise:
WD passport and Lacie Rugged work on Macbook Pro M2 13.6.7, IMac M1 14.4.1, IMac M1 13.6.6
Samsung T7 does not work on Macbook Pro M2 13.6.7, IMac M1 14.4.1, IMac M1 13.6.6 but works perfectly on a variety of hardware up to Monterey.
When T7 has problems current available is 500mA and current required is 500mA and this only happens with Ventura and Sonoma