The M1 chip from Apple is a move away from Intel chips where Apple is creating its own System-on-a-Chip (SoC) hardware to better integrate with its software to deliver a robust user experience. The advantage of using the cross-platform solution app is that it allows you to easily move files and folders between your Mac and the virtual copy of the other operating system. By using Parallels Desktop for Mac, you can run Windows OS and its programs without slowing down your Mac. You do not need to reboot your computer to use the other operating system.
Parallels Desktop is a powerful application that lets you run another operating system on your Mac by creating a Virtual Machine (VM).