This chip does support hardware decoding of AV1 according to this page :
AMD Ryzen AI 9 HX 370 Benchmark, Test and specs
Yet the official specs from AMD on its graphic capabilities suggests otherwise on this page with this section mentionning the support of AV1 only in encoding bandwidth :
Max Video Encode Bandwidth (SDR)1080p630 8bpc H.264, 1440p373 8bpc H.264, 2160p175 8bpc H.264, 1080p630 8bpc H.265, 1440p373 8bpc H.265, 2160p175 8bpc H.265, 4320p43 8bpc H.265, 1080p864 8/10bpc AV1, 1440p513 8/10bpc AV1, 2160p240 8/10bpc AV1, 4320p60 8/10bpc AV1
Max Video Decode Bandwidth1080p60 8bpc MPEG2, 1080p60 8bpc VC1, 1080p786 8/10bpc VP9, 2160p196 8/10bpc VP9, 4320p49 8/10bpc VP9, 1080p1200 8bpc H.264, 2160p300 8bpc H.264, 4320p75 8bpc H.264, 1080p786 8/10bpc H.265, 2160p196 8/10bpc H.265, 4320p49 8/10bpc H.265, 1080p960 8/10bpc
So we'll need the confirmation of a staff member on this topic.