I finally found the thread!
This is just taken moments ago, with DWM.exe inflating to a massive 17GB. I'm also running on a gaming laptop on Windows 10 20H2, as well as Intel UHD 620 and Nvidia RTX 2080 Super Max-Q.
We are aware that the Intel graphics driver 26.20.100.7985 is the last known best working set that had no such memory leak issue. This was highlighted to Intel support but they aren't able to replicate this problem.
And I second to most affected users here, any normal activity or usage after 3-4 hours would result in a bloated memory usage by DWM, killing the process wouldn't resolve either as it usually comes back after a while.
I also found some inconsistencies with Windows shutdown and startup, where if I did a full shutdown the bloating issue is partially resolved. However, this doesn't fully solve the problem as it usually picks up after a few boot cycles.
I'd like to implore Microsoft engineers to fully investigate this and urge to collaborate with Intel to find out the root cause of the issue.