Same here. I'm currently trying to run an iOS app in the iPhone 16e simulator. The build was slow but not too bad, but booting the simulator took about an hour, and right now, I'm looking at Xcode saying it's installing the app, which is what it has been saying for about half an hour and counting.
The machine in question is a Mac mini 2018 with 8 GB. I've never had problems developing on this machine before, but this latest iteration of Xcode has made it pretty much useless. Even if the app does finally finish installing and launches successfully, this kind of slowness is just crazy.
Topic:
Developer Tools & Services
SubTopic:
Xcode