Hmm, it does seem that Build Active Architectures Only = NO is the issue, at least in Debug mode. I can successfully produce a Release archive, so I'd suggest just leaving it alone, unless you're trying to debug the Intel version. Try an archive, as you can ship the binary that way.
I originally set the “build active architecture only” option to NO because my build kept running as “Intel” and I wanted to FORCE Xcode to build the Arm version.
I did file a radar, so hopefully the DevTools team can fix whatever is causing this.
-Bryan
I had the same issue & realized I was building for "My Mac", and not "Any Mac".. that fixed it & built the packages for both. (Top left of the center portion of the Xcode main screen.. where you pick your scheme)
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