How high is “high CPU load” and for how long does it last?
On my 3b+ it runs also 5+ php processes and if I recall correctly it was also about this much processes on previous versions.
On idle they are all about 1% or below. When accessing the service (web gui) I get spikes up to 50% CPU load per process.
I could imagine, if you have a large set of saved files and your upgrade was done recently, that the nextcloud is doing some scanning or some other stuff with the database, which could lead to this load.
For investigation you can log into the web panel as admin, go to settings/admin/logging, klick the 3 dots next to Level and activate Fatal, Error and Warning. On the same page future log messages should be displayed.