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Is this intentional or a bug?

Rønning apparently shared his findings with Microsoft and received an unexpected response. According to ITavisen (machine translated), Edge’s password management behavior is “a deliberate design decision, “not a bug.” It’s unclear what benefit this design offers for users. Rønning decided to warn users about how it works anyway, and also plans to publish his own tool on GitHub, which any user can use to check whether their Edge passwords are stored in plaintext. If you use Edge and have passwords stored in the browser, you should migrate to another password manager that’s actually secure, then

Microsoft Edge stores your passwords in plaintext RAM... on purpose