Photoshop freezes when starting up and the splash screen displays 'Loading Halide Bottlenecks.' The Photoshop engineering team is investigating this behavior. To learn more about Rosetta, see About Rosetta
If you are a developer and would like to update your plugin to work with Photoshop in native mode, see UXP for Adobe Photoshop. Note: You will not see the 'Open in Rosetta' option if you are right-clicking on an ' alias'. Once you launch under Rosetta, you may need to go to Window / Extensions (legacy) to open your CEP panels again.
To use extensions that rely on CEP, install and run them in Rosetta mode only. Run Intel-based plugins with Photoshop on Rosetta to install and use those plugins until your plugin provider delivers Apple silicon-compatible versions. Intel-based plugins will not appear in Photoshop.