Does this issue occur when all extensions are disabled?: Yes

• VS Code Version: 1.99.3
• OS Version: Manjaro Linux

The screenshot should speak for itself. Anyway:

Steps to Reproduce:

1. In a new PHP file type this code:

<?php

$string = "Lorem ipsum" .
    "dolor sit " .
    "amet";

3. Then hit Enter and try to type another line of code, such as:

$lalala = 123;

Expected behavior

The default indent after the ; should be none (more in general, the same indent as the that of the first line that started the statement that ends with the semicolon).

Observed behavior

See screenshot above.
It doesn't fix itself when you start typing nor even after you have typed the whole line.