I thought that Microsoft's emulation efforts were hampered by Intel making threats, e.g. "Intel recently made an unprecedented public challenge to Microsoft and Qualcomm that basically told the latter two companies: if you ship an x86 instruction set architecture (ISA) emulator, we’re coming after you.", from https://www.forbes.com/sites/tiriasresearch/2017/06/16/intel...
If so, the blame for that really lies at Intel's doorstep as well.