Yes, you read that right.
These apps will, theoretically, be able to run on your PC just like any other app.
Moreover, Intel has confirmed toThe Vergethat the feature will work with AMD and ARM devices as well.

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Microsofts Panos Panay claimed the technology will be seamless and smooth, but the proof is in the pudding.
Microsoft did show off TikTok running on Windows, so I guess thats something.

Android app compatibility is one of the selling points for Chrome OS, after all.
Lets hope they run well enough to be useful.