ASUS began rolling out beta UEFI firmware updates for its Socket AM5 motherboards that contain the latest AMD AGESA 1.1.0.1 microcode. If you recall, ASRock had recently released its own firmware updates last month that feature AGESA 1.1.0.0. This would be the first widely released firmware from ASUS to support the upcoming Ryzen 8000G "Phoenix" and "Phoenix 2" desktop APUs; and the 4th AGESA release to do so. Version ComboAM5PI 1.1.0.1 contains a newer version of the system management unit (SMU) for "Phoenix" and "Phoenix 2," with SMU version 76.75.0, compared to version 76.72.0 with the older ComboAM5PI 1.1.0.0 that ASRock released in November.
The UEFI firmware updates by ASUS containing AGESA ComboAM5PI 1.1.0.1 are only being released for AMD B650/E and X670/E chipset motherboards, and only spanning the company's ROG, ROG Strix, TUF Gaming, and ProArt product lines, we haven't come across one for the Prime series, yet. It's important to reiterate here, that these are beta updates, and those with Ryzen 7000 "Raphael" processors don't stand to benefit from them, as the SMU for "Raphael" hasn't changed since ComboAM5PI 1.0.8.0. Check for the firmware updates in the Support section of the product pages of your motherboard on the ASUS website.