Android Studio 3.3 Stuck at Project Setup:reading from cache

I don't have enough reputation to comment so I'll post this as an answer.

  • After you Invalidate and Restart have you tried Build->Clean Project and rebuilding then syncing again?

  • Have you tried restarting your computer to turn of any processes that may keep caches from clearing?

  • Have you tried upgrading your gradle version as well (inside your gradle-wrapper.properties)?

  • Have you checked if your gradle path is correct at File -> Settings -> Build, Execution, Deployment -> Gradle?

  • Have you tried locating your gradlew and doing a gradlew cleanBuildCache?

  • Have you tried removing the C:\Users\{Your Username}\.gradle\caches folder?

  • Have you tried disabling cache building altogether (will slow down your build and is not recommended)? To do this you have to go to your gradle.properties file and set android.enableBuildCache=false