A change somewhere within the OpenShift installer has caused drift with the default install-config that hiveutil generates for AWS clusters. Using the default storage settings that hiveutil supplies leads to an installation (validation) error on the openshift-installer side:
{{{}controlPlane.platform.aws.iops:
Invalid value: 100: iops not supported for type gp2,
compute[0].platform.aws.iops: Invalid value: 100: iops not supported for
type gp2{}}}{}
time="2022-06-09T09:19:42Z" level=debug msg="installer console log: level=error msg=failed to fetch Master Machines: failed to load asset \"Install Config\": failed to create install config: invalid \"install-config.yaml\" file: [controlPlane.platform.aws.iops: Invalid value: 100: iops not supported for type gp2, compute[0].platform.aws.iops: Invalid value: 100: iops not supported for type gp2]\n" installID=h8qgqgpx
registry.ci.openshift.org/ocp/release:4.11.0-0.nightly-2022-06-06-201913
Switching back to a 4.10 release works with the same install-config. Removing the iops field from the generated config or changing to use a different volume type (io1) allows for proceeding with a 4.11 build.
This seems to be a recent change introduced as 4.11 nightly builds have been working.