[jkestner]

ARM should be worried. In anticipation of their new IPO, they changed their licensing model to be based on the value of the final device, not the chip itself. Manufacturers are profoundly unhappy with that, and hey, there happens to be ann alternative to invest in now.

Talk to someone who works at a RISC-V startup. There’s a lot of energy there. It’s going to take a while, but startups are working on every class of chip.

ARM changed the fee structure because growth has been flat, and this is a way to get money short term, not grow the addressable market. It will settle into Intel-like stagnation as a disruptor takes its markets. What's ARM's moat?