Following on from my previous post about the Creative Cloud desktop app requiring Rosetta to run, there is a page on the Adobe site that highlights which Adobe apps have been packaged for Native M1 and which are still only Intel based and require Rosetta to run here.
The majority of apps have been updated to run on M1 already:
While the apps are still Intel only and require Rosetta to run on M1:
Installing Photoshop from the Create Cloud desktop app correctly identifies running on M1 and gives you the option of the native M1 version by default, or even picking the Intel version if you want to run it on Rosetta: