Now that you mention RISC-V, maybe a bolder move from Intel would have been to throw their weight behind RISC-V and try to be the leader of the new tech instead of a co-leader of the old tech.
On the other hand, ARM is very popular right now, and maybe Intel feels like what it needs right now is to take some of that market to deprive competing fabs of revenue and give itself better economies of scale.
On the other hand, ARM is very popular right now, and maybe Intel feels like what it needs right now is to take some of that market to deprive competing fabs of revenue and give itself better economies of scale.