Right-click the file and select Extract All... . You can also double-click to peek inside without extracting.
Double-click the file. The Archive Utility will automatically create a folder with the contents next to the original zip. HSxdRdfG8bd zip
Most modern "Files" apps (iOS Files or Files by Google) allow you to tap the zip to see the "Uncompress" or "Preview" option. ⚠️ Security Warning for Random Filenames Right-click the file and select Extract All