Apple might fix this issue in upcoming releases 🤞

Downgrade Mac OS to 12.2 and Xcode to 13.2.1 and its working fine now. ` Downgrade Mac OS to 12.2: Ref:  https://discussions.apple.com/thread/253745252 https://support.apple.com/en-in/HT201372 Backup your data. Open the Terminal app and enter the following command softwareupdate --fetch-full-installer --full-installer-version 12.2 Create a bootable USB installer using these instructions. sudo /Applications/Install\ macOS\ Monterey.app/Contents/Resources/createinstallmedia --volume /Volumes/MyVolume  (MyVolume is the name of the USB flash drive or other volume you're using. If it has a different name) Press Return to enter the command. When prompted, type your administrator password and press Return again. Terminal doesn't show any characters as you type your password. When prompted, type Y to confirm that you want to erase the volume, then press Return. Terminal shows the progress as the volume is erased. After the volume is erased, you may see an alert that Terminal would like to access files on a removable volume. Click OK to allow the copy to proceed.  When Terminal says that it's done, the volume will have the same name as the installer you downloaded, such as Install macOS Monterey. You can now quit Terminal and eject the volume. Boot from the iUSB installer and install 12.2.  Migrata you date from your backup. If you want 12.2.1 use 12.2.1 vice 12.2 in the Terminal command. Bootable Installer - Intel Processer  Ref: https://www.youtube.com/watch?v=AUOx0b3YjlI   Plug the bootable installer into a Mac that is connected to the internet and compatible with the version of macOS you're installing. The macOS version that came with the Mac is the earliest version it can use.  A bootable installer doesn't download macOS from the internet, but it does require an internet connection to get firmware and other information specific to the Mac model. Press and hold the Option (Alt) ⌥ key immediately after turning on or restarting the Mac. Release the Option key when you see a dark screen showing your bootable volumes. Select the volume containing the bootable installer. Then click the up arrow or press Return.  If you can't start up from the bootable installer, make sure that Startup Security Utility is set to allow booting from external or removable media. Choose your language, if prompted. Select Install macOS (or Install OS X) from the Utilities window, then click Continue and follow the onscreen instructions. Note : If you new mac came with 12.3 then you might not be able to downgrade to 12.2. `

install iOS 15.5 simulator, run one of those simulator? No crash. start xcode, go to window -> Device and simulators -> Simulator. Hit the plus in bottom left. Under OS version I picked "Download more simulator runtimes" and install, it automatically creates a set of devices with iOS 15.5 instead of 16.2. Once the download has finished, start up the simulator, close the all iOS 16 simulators if it opens.

@vadimwe bro bro.. ur god bro.. really u saved my life.. there was an urgent release and I couldn't achieve the build. It works perfect.. I vl build a temple bro.. thanqq so much..