Got an answer from a developer in the Homebrew github https://github.com/Homebrew/brew/issues/9173
arch -x86_64 /bin/bash -c "$(curl -fsSL https://raw.githubusercontent.com/Homebrew/install/master/install.sh)"
Use this to install packages:
arch -x86_64 brew install <package>
If you have not yet installed Rosetta 2 to emulate Intel CPUs on ARM Macs, you will get the error arch: posix_spawnp: /bin/bash: Bad CPU type in executable
. Prompt a Rosetta 2 installation with:
softwareupdate --install-rosetta