It doesn't seem like word salad as such. There's normally a coherent point expressed, it's just obscured by circuitous sentence structures, unusual word choices, "verbing weirding nouns", metaphors, etc. Could be a result of training that rewards novel/surprising language, but it also feels like it could be an artifact of models imperfectly compressing high-level multidimensional reasoning into language that's easy for them to process but cognitively taxing for humans.
They aren’t reasoning though, are they?