Apple announced that the company will be moving away from Intel processors and will start developing their own customized ARM chips for Mac — a huge leap for the Mac lineup.
The last time this happened was back in 2005 when Apple made the shift from PowerPC to Intel processors.
Apple has noted that the transition is expected to take two years, meaning that Intel-powered Macs will still be available until the transition completes.

Apple expects to introduce Macs with customized ARM processors by the end of 2020.
With the new ARM processor, the next generation of macOS will be able to support macOS apps along with iOS apps, allowing native apps from different OS to run side by side.
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