If you think about it, should any of the major players buy ARM and shut it down to the competition, the other players would be in deep trouble (Samsung, Apple, AWS, Google all depend fairly deeply on ARM). That has the potential to drive valuation up a bit, no?
The strength of ARM is that it's universal. If you shut down ARM to the public, then they will switch to RIS-V and suddenly, software will no longer support ARM.
