Parallels claims you'll get up to 60 percent better DirectX 11 performance on an M1 Mac than you would an Intel-based MacBook Pro with a Radeon Pro 555X GPU, and 30 percent better virtual machine performance compared to an even higher-specced Intel MacBook Pro. In some cases, the M1 could perform better than a theoretically more powerful Intel-native setup. You can run Linux distributions like Ubuntu, Debian and Fedora, too. Parallels has released Desktop 16.5 for Mac with full support for M1 Macs, promising 'native speeds' for the virtual machine when you're running Windows 10 ARM Insider Preview.
You now have a reliable and quick way to run Windows 10 on an M1-based Mac - provided you're willing to make some tradeoffs.
