The original Arm proposition was to make it cheaper for firms to use Arm’s IP than to develop their own. I suspect we are now in a (possibly short) period when

The original Arm proposition was to make it cheaper for firms to use Arm’s IP than to develop their own. I suspect we are now in a (possibly short) period when there is no viable alternative to Arm on mobile say. When that period ends then the alternatives (RISC-V based) won’t be free. There will still be a cost. This move obviously looks like a move to juice profits short term ahead of a float, but perhaps also to tilt pricing to keep Arm competitive on the lowest end devices.