React Native 'npm run ios' hanging after installing FontAwesome

Question

I'm a React Native newbie and am working through a React Native Course on Udemy. I installed FontAwesome into my RN project (which is from the out-of-the-box setup of RN), and now when I run the npm run ios command it just hangs. I let it sit overnight, and it did make a little progress but was stuck on the 'building app' step. npm run android works fine.

I am on a Macbook with an M1 chip in case that complicates things.

Anyone know what the issue is and how to fix it?

Here is what I have tried unsuccessfully to fix the issue:

• Restarting my computer.
• Deleting the 'build' folder in my project's 'ios' folder.
• Recreating the project. It worked fine until I installed FontAwesome again.
• Running killall -9 node
• Deleting and rebuilding my node_modules folder.
• Rerunning pod install inside the 'ios' folder.
• Running npx react-native run-ios instead of npm run ios (which is set to react-native run-ios)