Even though this article is about ending support for 32 bit Applications, NOT a switch to ARM, I will answer this as if you were commenting about that, for the edification of others...
If you are talking about Windows on Mac, then it is up to the GUEST OS (Windows) to decide what the GUEST OS will Support.
So, as long as Windows keeps supporting 32 bit Applications, then so should a Mac running Windows under BootCamp or a VM environment.
Emulation has nothing to do with it.
By the way, there IS another way: It is LEGAL to run OS X Server 10.6.8 under Virtualization. If you don't have access to the proper Installation DVD, you can actually CALL Apple Support at 1-800-CALL-APPLE and tell them you want to Order the 10.6.8 SERVER Installation Disc. Part Number for the US version is MC588Z/A
MC588 is the important part of the part number. Different countries have different suffixes after that part of the part number.
They will not know what you are talking about, but keep spouting the "magic" Part number MC588Z/A, and eventually, they will ask their Supervisor, and $20 and a few days later, you will have a nice, shiny Snow Leopard Server Install DVD in your hot little hands, ready for you to install in your favorite Virtualization environment.
There is even a way to get it to install Rosetta (normally not installed with OS X Server). There are a bunch of installation guides about this on the web.
I'm actually surprised that a Technician familiar with Apple wouldn't have heard of this...