During the same time the snapshot gets failed, we see the "state in doubt; requested fast path state update" error from the vmkernel logs.
Host Bus Adapter (HBA) driver aborts a command because the command took longer than the timeout period of 5 seconds to complete. An operation can take longer than the timeout period because of several reasons including:
Engage your storage vendor to check if the storage is getting overloaded if it is observed that the device utilization is hitting 100%.
If storage utilization is under control and IO aborts are observed, engage your fabric vendor and ensure that the fabric is healthy
"state in doubt; requested fast path state update" error in vmkernel.log