Running Windows on an M1 Mac?

You can buy decent-isn Windows-based PC/laptops for under $1,000. When the time comes, I'm thinking about just having a separate machine for Windows. We've been very lucky to have Parallels on a 2011 iMac for such a long time. But the clock is ticking on when this thing will crap out on me.
 
I don't know if it's even possible at this point, but I am wondering if anyone has had any success?

TIA,
pd
I think this was made possible around May this year. Have not attempted as I do not have an M1 Mac at this time, but I would be running Windows on Parallels if I did have an M1 Mac. Try to find a YouTube video? I'm sure a video is out there if it is possible because it seems to be a common question.
 
Pauly,

Yes, it would be easier but the point of trying to run Windows on a Mac (as we have done for 10 years) is so that we don't have to purchase additional computers (at about $600 a pop (x6 in my case)). If, in the end, Windows (or other guest OS's) can no longer be run on a Mac, then it is what it is.

Best regards,
pd
 
I'm running Windows ARM 64 on my M1 Macbook Pro. Runs like a champ, super fast, some say even fast than most native windows machines. I'm running it through Parallels 17.
 
   
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