I have the same - or at least a similar - issue as many other customers describe in the community.
I experience a sudden very loud pop that sounds like a huge short circuit in the Arc, then some small pops crackling and a complete loss of audio. The led turns orange on the front.
Power cycling the Arc gets it out of the bricked state, but only until the issue happens again. Can confirm that it happened with Dolby Atmos audio content from media player on the TV.
Setup is Sonos Arc and 2x Sonos ONE surround setup. Connected to Philips OLED 65OLED806/12 on eArc port (port 1) with HDMI 2.1 certified cable. System diagnostics collected while the Arc was not in zombie state did not reveil anything weird according to Sonos support.
I found posts going back 3 years that report this same issue, and have found no other proposed solution than “disable Dolby Atmos” and that it might have to do with the Atmos container.
While support has been friendly, they claimed to be unfamiliar with the issue. So far support has not been helpful to solve this issue. Is there anything else that I can do to help confirm, diagnose or remedy the issue within a reasonable timeframe? Please get back to me so that I can either try a potential solution or go for RMA/return.