Note alignment wrong/offset in Project Window compared to Midi Editor

This is driving me crazy. I keep thinking I need to quantize or the quantize isn’t working, but notes are offset in the project window.
They are fine in the Midi Editor.

What’s going on? Any ideas?

(HDPI doesn’t affect it)
Win11 Pro 22H2, Cubase 12.0.40, RTX3080


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See this topic for a workaround:
MIDI note display in Project view is inaccurate in 12.0.40 - #41 by steve

This should be fixed very soon.