FYI we have gotten a confirmation from Apple via our code support request and bug report that the simulator issue mentioned above is a known issue with the IOS Simulator in macOS Virtual Machines, and that it is currently being investigated/worked on internally at Apple.
@sebastian-lerner Could this be related to?
For anyone still struggling with simulators failing to boot, updating to Xcode 26.1.1 appears to have made things much better for me.
Iām using this suggestion from the Xcode release notes:
Known Issues
Simulators may fail to boot during the first build after upgrading macOS. (152328794)
Workaround: Execute
xcrun simctl runtime dyld_shared_cache update --allprior to booting the simulator to ensure dyld shared cache generation has completed.