Not M1
The new Microsoft chip.
Though I think I'll pass but not for the reasons you expect. Most people are not ready for M1 or ARM, a lot of things, especially on Windows does not run well on it. My own concern is if it's a Microsoft product how much spyware is in it and what they would would do with it (see Surface Rt below). Surface RT was just Windows on ARM and almost nothing ran on it. If you want to try it today, fire up a Pi with the Windows image and see what all can run on it (ignoring speed of course). It took MS a YEAR and a half after release to bring Office to the Surface RT... By which time most users who bought it were furious at them and ditched the tablet and swore never to return (hence why the RT line is dead). How long will it be before your required software runs on it? It's not like Linux where there's 5 alternatives to pick from, they may all be garbage but at least you have options, unlike Windows on Arm. The irony here is you would have more software choices using the Linux subsystem and native Linux apps than native Windows.
While this may break us free of Intel and AMD (be careful what you wish for) we may be looking at major vendor lock, complete anarchy, or the end of Linux (less likely but they could try).
Vendor lock - What if MS decides in 2025 that Windows 12 (and is software as a service) will only support MS chips, similar to Apple. Unlikely I agree, but possible.
Anarchy - Dell, Razer, IBM, Asus, Samsung all release chips. This could be good for techies, a major pain in the you-know-what for non techies. This one supports h265 natively, that one supports Thunderbolt 4, and that other one is the only one that supports both but is only half speed. Think USB is bad imagine this. We've had this in the past to an extent with limited supported Intel CPUs, Cyrix, VIA, Nvidia, and Transmeta but it was usually only one oddity at a time and most were sort of runners up to AMD and Intel. Microsoft could even dictate the features and licenses associated with different cpus or class them by speed as to what version of Windows they're allowed to run, A.K.A. new netbooks with cutdown spec CPUs.
Locking out Linux - MS could use such a ploy to lock out Linux, wouldn't be the first time they've tried it. "But you can run Linux right in Windows" exactly why they could do it and get away with it this time. Microsoft has a saying, Embrace, Extend, Extinguish. They embraced Linux by extending it into their OS, they embraced it with Edge working in Linux and now it's time to pull they trigger and extinguish. They may be unable and you may be fooled into thinking they wouldn't, but MS has done this time and time again. The saving grace is Apple is actually helping get Linux running on the M1 so MS's only way to kill would be a chip/bios package. And if you think they can't or wouldn't do that allow me to point you to the Surface RT tablets, before ending support MS released an update locking the bios to keep people from installing ARM based Linux on them. It not only can be done before, it has been done before. They also did this on the Cherry trail Windows tablets, many manufacturers locked out the ability to change the bios settings making them a nightmare to get Linux on them, You can, but it's not easy.