A more likely theory is that we've now entered the big.LITTLE era. Intel has already begun to pivot their desktop line to the big.LITTLE design, and while AMD's next line won't follow suit, they've discussed bringing the architecture to the CPUs after that. x86 has still got quite a bit of gas left in the tank, and now that RISC-V is getting taped out, a lot of people are starting to realize that a more modular approach to RISC CPUs is probably smarter than how ARM exists in it's current iterations. Plus, ARM is still proprietary (arguably moreso than x86), whereas RISC-V is fully open for anyone to use and manufacture. Simply from a technical side, I think RISC-V is going to eat ARM's lunch within the decade, and I also think traditional architectures like x86 aren't going away any time soon. Time will tell.