Nope, according to the best information we have, it's most likely your Power Button Flex Cable. Apple is making it harder and harder for repair shops and customers to interpret their error codes by changing the codes with every new model. We've got a wiki page that lists all the codes we know and their meanings.
[[iPhone SMC Panic Assertion Failed|iPhone SMC Panic Assertion Failed - iFixit]]
Here's what it has to say about your phone and the code it's showing.
***iPhone Model*** iPhone 14 Pro and Pro Max
***Sensor Array*** 0x100000
***Likely Issue*** [product|IF240-038|Power Button Flex Cable]
I wasn't able to locate any guides or videos specific to that part on your phone, but fortunately Apple has started releasing their repair guides, and iFixit has a copy of the one for your phone right here.
[document|31804|Apple's iPhone 14 Pro Repair Manual - iFixit]