Rosetta can translate the Parallels Desktop user interface and web services, but not virtual machines. So, due to these technical limitations, Rosetta translates applications that work in user space only. Virtual Machine applications that virtualize x86_64 computer platforms. Mac applications that are originally created for Intel-based Mac computers work on Mac computers with Apple M Series chip out of the box by utilizing the Rosetta framework - a translation process that allows running Intel x86_64 applications on Apple M Series chip. Rosetta can translate most Intel-based applications, but it can't translate the following executables:

If you are switching from a Mac with an Intel processor to a Mac with Apple M Series Chip or the other way around, please refer to KB 125344 for more details. Therefore, a virtual machine created on an Intel-based Mac cannot be used on a Mac with M Series Chip, and vise-versa. Software applications are heavily dependent on a computer's CPU architecture: an application that is compiled (created) for one architecture, cannot be easily run on another architecture. Virtual machines created on Intel-based Mac computers have x86_64 CPU architecture that is fundamentally different from the ARM architecture. It is built on ARM architecture and includes a system on a chip (SoC) that combines numerous powerful technologies into a single silicon, featuring a unified memory architecture for dramatically improved performance and efficiency. Apple M Series chip is a successor of iPad’s A14Z chip and the first designed specifically for the Mac.

Android studio mac with apple chip