What indication is there that x86 is on the decline? Intel might be on the decline, but AMD seems to be doing fine, and Windows on ARM looks to go nowhere, even with Qualcomm’s latest Snapdragon
https://www.amd.com/en/products/adaptive-socs-and-fpgas/soc....
https://en.wikipedia.org/wiki/AMD_Platform_Security_Processo...
AMD continuing to have the Xilinx line of FPGAs with some Cortex cores and having Arm management cores that run firmware doesn’t really address this.
amd64 is still the default platform for desktop and server software. You can have arguments about the ISA, but for the most part that doesn't actually matter; amd64 is good enough, upstart cpu makers choose ARM not because it's better than amd64, but because it's at least good enough and licenses are available.
[1] https://www.tomshardware.com/news/amd-we-stand-ready-to-make...
Adapting Zen to a simpler-to-decode architecture would cost more than licensing a core from ARM. The Zen 5 front-end is adapted for working around deficiencies of x86 with dual-decode SMT craziness.