Hello!
Not only Thunderbolt monitors have this problem, but also normal monitors with HDMI on Thunderbolt cables. Immediately after installation, the monitors turn on and off - they have permanent signal loss, although the image is still available in the background.
I have a Mac Studio with 2 monitors and after every restart the ON/OFF theater starts again.
Apple Support at a loss!
But now comes the strange thing:
If I connect the MacBook with OS Sonoma to one monitor and keep the other on the Mac Studio with OS Sequoia 15.1, both devices connect and I can access the MacBook with the mouse and keyboard from the Studio and...
The monitor on the studio stops going ON/OFF.
Unfortunately that's not a solution, because when you restart the problem is back...
Since both computers are M2 and new, Apple support has only had one solution so far... Install a new copy of OS Sequoia and again and again...