The parameter STATEMENT_QUEUED_TIMEOUT_IN_SECONDS sets the limit for a query to wait in the queue in order to get its chance of running on the warehouse. The query will quit after reaching this limit. By default, the value of this parameter is 0 which mean the queries will wait indefinitely in the waiting queue
https://community.snowflake.com/s/article/Warehouse-Concurrency-and-Statement-Timeout-Parameters#:~:text=The%20parameter%20STATEMENT_QUEUED_TIMEOUT_IN_SECONDS%20sets%20the,indefinitely%20in%20the%20waiting%20queue.

There are several limitations to using materialized views:
A materialized view can query only a single table.
Joins, including self-joins, are not supported.

By default, COPY INTO location statements separate table data into a set of output files to take advantage of parallel operations. The maximum size for each file is set using the MAX_FILE_SIZE copy option. The default value is 16777216 (16 MB) but can be increased to accommodate larger files. The maximum file size supported is 5 GB for Amazon S3, Google Cloud Storage, or Microsoft Azure stages. To unload data to a single output file (at the potential cost of decreased performance), specify the SINGLE = true copy option in your statement. You can optionally specify a name for the file in the path.