Below is my solution with an example, that may help you.
Update existing field
$target_id = 62;
$paragraph = Paragraph::load($target_id);
$typeform_field = $paragraph->field_archtics_field->value;
$archtics_field = $paragraph->field_archtics_label->value;
$paragraph->set('field_fieldname1', 'TEST1');
$paragraph->set('field_fieldname2', 'TEST2');
$paragraph->save();
//Create field and attached in node can be find here. https://www.drupal.org/project/paragraphs/issues/2707017
Thanks
Here is an example for updating an existing paragraph item (fill in $nid and $paragraph_field with the values that you need):