Putting the AI specific stuff to the side for now I don’t think it’s unreasonable. Arm in the cloud has gone from an experiment to mainstream with all the major workloads running well on it. Now the hyperscalers can choose between multiple implementations including their own silicon cost is going to be a big driver going forward. No wonder Intel are having a crisis right now and RiscV is hanging around the corner wondering what it needs to do to break into the space.