Why wouldn't they keep the the top end Intels around? Anybody that depended on those was going to wait for the new technology to settle down and for their software to get upgraded or replacement options to become available.
Nevermind, it had only been 13 month earlier the previous Intel system Catalina 10.15 got rid of 32-bit MacOS code and from what Go64 (a tool to check programs) and the various reports were saying that broke a lot. Anything that had taken the lazy route and used WINE stopped working. The M1s couldn't run anything less then Big Sur (11.0) so everybody using 32-bit code was stuck on old hardware and
some 40% of people appear to have been in that boat when Big Sur dropped with the M1s.
Yet the bank did something that stupid.
The problem is the architecture of Intel and M1 are so different that they don't really compare that way:
MacBook Pro M1 Max is "FASTEST GPU EVER TESTED" - Affinity,
Apple M1 Max GPU beats $6,000 AMD Radeon Pro W6900X in Affinity benchmark. Also that DDR4 is limited by the CPU's bandwidth and the fact the Intel CPU has to play hen-chicken-fox with whatever the GPU is doing. The new M1 Max can send
400GB/s to its unified memory.
A fully blinged out to the gills 14‑inch MacBook Pro (Apple M1 Max with 10-core CPU, 32-core GPU, 16-core Neural Engine; 64GB unified memory; 8TB SSD storage) is only US$5,899.00. If that is what a laptop can do what do you think a M1 Max desktop is going to do?
Also
Intel NEEDS this to go well... shows that the old way of figuring how RAM works just went out the window...Windows 11 that is