Probably, I see a lot of RISC-V chips coming out of China and they are fine for what they are. Progress is pretty good nowadays but they have a while to go.
As for the software, this is why I mentioned Lisuan and not Moore Threads. Lisuan's drivers are mediocre but they work. Moore Threads software is a total disaster to the point were the cards tend to perform WAY below what, on paper, their cards should be able to do.
It is an uphill battle when it comes to software because without that, your hardware is useless. Just ask Intel with their iAPX and Itanium processors. Intel couldn't overcome the software mote despite being THE processor manufacturers at those times.