Same.
During 2024 I evaluated multiple backend platforms/frameworks to get away from Node. Laravel is great and modern PHP (the language) is also surprisingly good but betting on PHP feels like betting on coal and the steam engine. The runtime and execution model are extremely outdated and resource hungry.
There are some efforts like FrankenPHP and Swole that package a PHP app to have a persistent execution model. But IMO unless PHP officially adopts this model this will always feel like a hack to me.