Hello, this is Emily.
This issue definitely can be caused by more than one possibilities, so let's see if we can narrow it down.
You said you've updated the wifi driver, did you install it from the computer's manufacturer support website? That's what I would recommend. Also, make sure BIOS is also updated. If you need help finding driver, please type msinfo32.exe in the search on the taskbar and hit enter, then share a screenshot of the pop up please.
In addition, have you tried moving the computer closer to the router and see if distance can make any difference?
One more thing I can think of - do you have quite a few devices connected to the same Wifi? Does your router have Quality of Service (QoS) feature? Go to your router's admin portal and see if you have this feature, if so, turn it off, and see if it makes any difference. The QoS can prioritize one device over another depending on what that device is doing, so that can cause lagging on the device with low priority.