Unreal Engine 5.3 installation hangs with "trouble connecting" error, but 5.2 installs correctly

I’m trying to install Unreal Engine 5.3.2 through the Epic Games Launcher.
Each time, the install hangs at 2% with this error message

We’re sorry. It looks like we’re having trouble connecting. We’ll continue to retry.

If I click on that error message I get sent to the Epic Games Help page for error IS-0005: Unable to connect, but working through the network connection troubleshooting steps did not help. I sent a support ticket through the Contact Us page as instructed by those troubleshooting steps, but my issue was immediately closed and I was told to post here instead.

If I look in the EpicGamesLauncher.log, I see many sections that show HTTP timeouts

[2023.12.03-14.28.51:591][210]LogEOSMessageService: Error: Port had been cleared and not yet reset.
[2023.12.03-14.29.06:139][644]LogHttp: Warning: 000001E380D9A030: HTTP request timed out after 30.00 seconds URL=http://download.epicgames.com/Builds/UE5/Releases/CloudDir/ChunksV4/20/CFD07DBA09F318A7_7FC8DC27C043AACB69DD90848197E057.chunk
[2023.12.03-14.29.06:139][644]LogHttp: Warning: 000001E380D9A030: request failed, libcurl error: 0 (No error)
[2023.12.03-14.29.06:139][644]LogHttp: Warning: 000001E380D9A030: libcurl info message cache 0 (  Trying 18.154.242.54...)
[2023.12.03-14.29.06:139][644]LogHttp: Warning: 000001E380D9A030: libcurl info message cache 1 (TCP_NODELAY set)
[2023.12.03-14.29.06:139][644]LogHttp: Warning: 000001E380D9A030: libcurl info message cache 2 (Connected to download.epicgames.com (18.154.242.54) port 80 (#458))
[2023.12.03-14.29.06:139][644]LogHttp: Warning: 000001E380D9A030: libcurl info message cache 3 (Closing connection 458)
[2023.12.03-14.29.06:174][645]LogCloudChunkSource: FAILED: http://download.epicgames.com/Builds/UE5/Releases/CloudDir/ChunksV4/20/CFD07DBA09F318A7_7FC8DC27C043AACB69DD90848197E057.chunk

After running through all of the network troubleshooting steps without any luck, I tried to select a different version of Unreal Engine instead, and version 5.2.1 downloaded and installed successfully without any issues.

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I’m having this same issue. Were you ever able to download 5.3? 5.2.1 downloaded fine, but 5.3 hangs at 2%.