Matthew Denton

Can confirm this is happening with 1.19 and in the current latest snapshot 22w24a. This is not the same bug mentioned by @Dhranios but a new one it seems.

Steps to replicate
1. Run the following command in a command block or terminal:

/give @p stone{display:{Lore:['[{"text":"This","italic":false}]','[{"text":"is","italic":false}]','[{"text":"a","italic":false}]','[{"text":"long","italic":false}]','[{"text":"lore","italic":false}]','[{"text":"to","italic":false}]','[{"text":"test","italic":false}]','[{"text":"if","italic":false}]','[{"text":"this","italic":false}]','[{"text":"bug","italic":false}]','[{"text":"is","italic":false}]','[{"text":"fixed","italic":false}]','[{"text":"in","italic":false}]','[{"text":"the","italic":false}]','[{"text":"latest","italic":false}]','[{"text":"snapshot","italic":false}]','[{"text":"or","italic":false}]','[{"text":"if","italic":false}]','[{"text":"if","italic":false}]','[{"text":"it","italic":false}]','[{"text":"just","italic":false}]','[{"text":"clips","italic":false}]','[{"text":"off","italic":false}]','[{"text":"the","italic":false}]','[{"text":"screen","italic":false}]']}} 1

2. Open your inventory and hover over the item.