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I am on 3.30 cli right now, but reverted packages back (“@pulumi/pulumi”: “3.17.1")

but if I change the package itself, I am getting OOM

Ah so 3.30 cli + 3.17.1 sdk is ok, but 3.30 cli and 3.30 sdk runs out of memory?
Can you raise an issue about this at <https://github.com/pulumi/pulumi/issues>, I'll see if there's any obvious changes between those versions.
If you can include any debug logs (add `--logflow --logtostderr -v11` to your command) that could help.