Will the New M1 chip work

Is shadowlands compatible with the new M1 chip for macs. If so what would be the ideal GPU set up on game. I’m currently running on a late 2015 iMac. Can’t remember the specs. But as of now I can only play on graphic setting 0-2 if I’m lucky. Anything past that I get long loads, triple loads, and a lot more worse stuff.

Playing Shadowlands I might need to upgrade to newer computer.

Not an API issue.