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by billti 18 hours ago
I couldn't get bridged networking to work with my M5 machine and VMs running on Parallels. This thread here would seem to indicate it's a known issue (with no updates or resolution :/ ) - https://forum.parallels.com/threads/m5-macbook-air-windows-1...
1 comments

The OP has a thing that solves it for many: update to a beta version.
The linked Github also states that updating to 26.6 works.