Same issue on Intel Mac mini, not M1.
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I have this problem with Xcode 14.3.1 too. Also a very large project. I'm trying to use Xcode 15 beta to see if this problem was fixed.
Xcode 15 RC didn't fix this. I send a FBA to apple: FB13186367 (Xcode 15 RC linker issue)
I sent this issue to FBA. The issue was confirmed and will be fixed in Xcode 15.1.
Is there anyone tried to send a feedback to Apple?