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The concern is more that nvidias culture has historically been being overall hostile to parterships. Which works great for what Nvidia is doing right now, but is probably bad for a company that depends heavily on partnerships.

NVIDIAs whole schtick is making a bunch of interesting software and arbitrarily locking it to their own hardware. Doesn't seem compatible with being the steward for what has up until now been a relatively open CPU architecture.

arbitrarily? Nvidia invests a lot in software R&D, why should they just give it away to their competitor AMD who basically invest nothing in comparison?

Arbitrary as in, without technical reasons.

An open architecture, and business model based on partnership doesn't really synchronize with vendor locking your products for increased profits.

At issue is the conflict between ARM's business model- which revolves around licensing designs to other companies- and Nvidia's reputation of not playing nicely with other companies.