Hi there,
The issue you are facing might be due to KB5014697. According to the official Microsoft Windows 11 update KB5014697 is preventing the Wi-Fi hotspot feature from working correctly on some PCs. Some systems running the update will lose internet connection when acting as a hot-spot host for other devices and this might also affect your Windows Server.
The best solution may be to uninstall the update altogether until there’s a proper fix for this issue.
Microsoft is currently working on a permanent solution but meanwhile is offering the following temporary fix: "To mitigate the issue and restore internet access on the host device, you can disable the Wi-Fi hotspot feature"
Windows 11 known issues and notifications https://learn.microsoft.com/en-us/windows/release-health/status-windows-11-21h2
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