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gkthornton, did you try disabling debug mode to see if performance improves? Under Virtual Machine Configuration, select the Advanced tab and deselect Record runtime
Hello Azmir, turning off debug mode did not change the symptoms. But it was worth a try. The CPU spikes and stays at 100% as soon as I attempt to start the VM to install a guest OS.
I opened a Support Request for this issue, but welcome any other ideas.