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Can a PSU start failing a week after installation with the same components to supply

I recently bought a desktop computer in parts. It worked nice for about a week and then it started rebooting weirdly, I tried reinstalling the system but the problem persists. Is it possible that the PSU stopped working properly even though it did work for a week with the same components to supply?

This is my set up :

MSI MPG X570
AMD RYZEN 5 3600
AMD RX580
2×8 GB corsair vengeance ddr4
1 SSD, 1 HDD
Pcie WiFi card

PSU: Corsair VS650

Please, I need to fix this problem I have spent a lot of money on it. Thanks in advance.