I'm also experiencing the Out of Memory error on a fresh install of Ubuntu Server 22.04 on an Intel NUC BXNUC10i5FNK1 with 8GB of memory. After pressing any key it boots to a kernel panic stating not syncing VFS, unable to mount root fs.
I changed only COMPRESS to gzip and it worked.
I'm also experiencing the Out of Memory error on a fresh install of Ubuntu Server 22.04 on an Intel NUC BXNUC10i5FNK1 with 8GB of memory. After pressing any key it boots to a kernel panic stating not syncing VFS, unable to mount root fs.
I changed only COMPRESS to gzip and it worked.