No. It’s a design thing. And the way files are interpreted in general.
When you have text, or a hole, or a circle - whatever, over another shape, it’s just that - over another shape. So in the code that’s being interpreted, you have an outer area filled with black that the system says this is an engrave. We will engrave the whole thing because that’s what it says. Then you have a vector area of white on top of that engraved circle. What’s it to do? It wants to engrave it again. Nothing is saying engrave all of the circle except this text part. That’s where pathfinder / Boolean operations come in.
Here’s more, but it’s Illustrator-centric.