Excel font rendering blurry when zoomed out (Windows 11, Microsoft 365)

Hello Community,
I’m experiencing an issue with Excel (Microsoft 365) on my new Windows 11 ASUS touchscreen laptop. The text in Excel becomes noticeably blurry when zooming out, but looks fine when zoomed in. This problem does not occur in other applications (like browsers) and did not happen on my older Windows 10 laptop running the same version of Excel.
What I’ve tried so far (with Microsoft Support):
•     Tested in Safe Mode → still blurry
•     Checked ClearType text and confirmed scaling at 100%
•     Verified “Optimize for best appearance” is already set
•     Installed Office updates and restarted device
•     Disabled all add-ins
•     Disabled hardware acceleration in Excel
•     Updated graphics drivers and adjusted GPU scheduling
•     Removed second monitor → no change
•     Compared display settings and Excel files between devices
•     Checked Excel Options for missing settings (e.g., Hardware Graphics Acceleration toggle not visible)
•     Remote session with support agent confirmed the issue persists
Observations:
•     Only affects Excel (not other apps)
•     Text looks fine when zoomed in, but blurry when zoomed out
•     Blurriness persists even after updates, safe mode, and driver changes
•     Same Excel version works fine on Windows 10
•     Touchscreen and scaling differences were considered but ruled out

Has anyone else experienced this issue with Excel on Windows 11 (especially on ASUS touchscreen devices)? Is this a known rendering limitation, or are there any reliable workarounds/fixes to improve text clarity when zooming out?
Thanks in advance for any insights!

See the attached below for your reference:

with blurry:

without blurry issue: