Cannot complete update; error message (v0.46.11 -> v0.47.x)

When attempting to update from v0.46.11 on the Early Release channel, I am given this error toast:

It appears this error may be related to a missing .dll dependency, but I can’t seem to solve the issue.

Version: 0.46.11 (user setup)
VSCode Version: 1.96.2
Commit: ae378be9dc2f5f1a6a1a220c6e25f9f03c8d4e10
Date: 2025-03-07T07:01:25.026Z
Electron: 32.2.6
Chromium: 128.0.6613.186
Node.js: 20.18.1
V8: 12.8.374.38-electron.0
OS: Windows_NT x64 10.0.26100

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