I have exact the same problem. My sys details: MacBook Pro (16-inch, 2019), Os Monterey - 12.4 (21F79), 2.3 GHz 8-Core Intel Core i9, 32 GB 2667 MHz DDR4, MD Radeon Pro 5500M 8 GB SOLUTION => sudo killall -10 com.apple.CoreSimulator.CoreSimulatorService and following instructions doesn't solve an issue.