> If ARM wins

Qualcomm pays them.

> Qualcomm moves to RISC-V

That’s like chopping your foot off to save on shoes…

It would take years for Qualcomm to develop a competitive RISC-V chip. Just look at how long it took them to design a competitive ARM core…

Of course they could use this this threat (even if it’s far-fetched) to negotiate a somewhat more favorable settlement.