Time Machine's Time Capsule support ends with macOS 27
It's not just Intel code -- after a period of undeath, Time Capsule's time is coming, with Apple cutting off support for Time Machine backups using the hardware in macOS 27.

AirPort Extreme and an AirPort Time Capsule
Time Capsules, Apple's long-discontinued network hardware, allowed users to back up their Macs and hardware over a home network. However, the days of the hardware still being usable by Mac users are running out.
X user @StellaFudge, formerly leaker @Choco_bit, posted about a change in the Time Machine settings of macOS 26. The screenshot discusses how an AirPort Disk being used for Time Machine backups is not recommended.
Goodbye Time Capsule support pic.twitter.com/yN0y8CuBmB
-- Stella - Fudge (@StellaFudge)
There is also a message advising that the next major version of macOS "will no longer support AirPort Disk, or other Time Capsule disks, for Time Machine backups."
The message clearly advises that macOS 27 won't allow Time Machine to use an AirPort Disk or Time Capsule for backups.
While there is no forthcoming explanation from Apple as to why support is going away, it is probably due to the depreciation of supportive technologies.
In enterprise release notes for macOS Sequoia 15, Apple advised that support for the Apple Filing Protocol, AFP, was being deprecated and removed in a future macOS release. Time Capsule relies on AFP for its connectivity, but it also works with SMBv1 (Server Message Block).
Apple has still included support for SMBv1 in macOS 26, but only as a deprecated measure when working with older software and devices. It prefers to use newer SMB versions for the sake of security.
So far, Apple hasn't announced any change of support for SMBv1 in macOS, aside from being a fallback option when later versions of SMB are not available. That doesn't seem like an eternal allowance, though.
For the moment, Mac users using the macOS 26 developer beta will still be able to use Time Machine with a Time Capsule. It does mean that they will have to consider other ways to back up their Mac over the next year, ahead of the end of support.
The change should not affect drives used for backups external to an AirPort or Time Capsule. This is under the assumption that HFS+ support sticks around for macOS 27, which it not at all clear.
Read on AppleInsider
Comments
There are two features of my TC that I think I would like to keep.
One is the automatic TimeMachine support, but I understand many routers do that now?
The other is, and I don't know what the name is, the feature that pretends to be my Mac when my Mac is sleeping. This features allows, say, my AppleTV to "see" the content on my machine - movies and shows - and when I select it it wakes up my Mac.
Is there any brand-name 3rd party routers that offer both that I should be looking at?
As far as the second, I am unaware of any that do that. You may want to consider hosting your content on a Network Attached Storage device, which can also do Time Machine backups.
The second feature you mention sounds like Home Sharing. You can do similar things with a NAS (Network Accessible Storage) from a company like Synology, but it can take a fair amount of set up: https://kb.synology.com/en-au/DSM/tutorial/how_to_stream_videos_stored_on_Synology_NAS
You can also use the NAS for Time Machine - it'll give you more control of storage allocations for different users, too.
Agreed that using an early Time Machine hard drive is a problem.
I had a quick look on the local electronics page, and even the low-end NASs are in this price range.
If Apple made a Wifi 6 TC I'd buy it in an instant and I think every other Mac user would too.
I've finally given up on Time Machine. It's just too unreliable. Call me weird, but I think backup software should BE RELIABLE. Apple's is not. I was using it to back up to a small Synology device, and it kept failing or never completing. Trying to figure out why was an excercise in futility. Did a little research and found Arq. I switched to that and never looked back. It rarely has a problem. Time Machine almost ALWAYS had a problem. And the solution was usually "delete and start again."
Now I don't have to worry about my backups failing all over the place. Good riddance to Time Machine.