nRF Connect v2.0.0 installation hangs at "Updating memfault repository" on macOS

My laptop is running the latest macOS 12.4.  It is a 2021 Macbook 14" with M1 Max.

I updated nRF Connect For Desktop and Toolchain Manager to the latest versions, then I tried to install nRF Connect SDK v2.0.0.  Most stages of the process completed in a matter of minutes, but it's been stuck on the memfault stage for over half an hour and I'm not sure what to do now:

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