Adobe apps not officially supported on Apple's M1 chips using Rosetta 2, but native versions are coming: Digital Photography Review
Amazon.com: 2021 Apple MacBook Pro (16-inch, Apple M1 Max chip with 10‑core CPU and 24‑core GPU, 64GB RAM, 1TB SSD) - Space Gray - Z14V0016S/Z14W0010B : Electronics
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Adobe Flash Player stuck on Installation will begi... - Adobe Support Community - 8596749
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Photoshop doesn't use all my RAM - Adobe Support Community - 12370421