Of course i will still take RISC-V a long time to be even relevant. But in the future there could be multiple Companies that offer finished chip designs to use. As you said not every company wants and can create a design themself.

This will get RISC-V probably a big boost. Maybe this was not the smartest move for ARMs long term future. But slapping Qualcomm is always a good idea, its just such a shitty company.