Solution
LabVIEW 2023 Q3 for macOS is the first version of LabVIEW to add official support for Macs using Apple silicon (M1 and M2 chips).
The support is native and does not rely on Rosetta.
The LabVIEW 2023 Q3 for macOS executable is a universal binary.
LabVIEW 2023 Q3 is the final release of LabVIEW for macOS. Starting with releases in 2024, LabVIEW is available on Windows and Linux OSes.