So I think that we will have a four way competition between Intel, AMD, Apple, and Chinese RISC-V chips.
That being said, I don't see x86 dying, I think AMD and eventually Intel when they wake up will be competitive.
China cannot be competitive at the razor's edge if its semiconductor companies depend on promptly copying/stealing technology that European, Taiwanese, and American companies bring to market.
SMIC has already produced some 7nm chips without EUV.
As for EUV for the further future, there has been quite a bit of research in that domain for many years in pre-emption of this, and while I think they will be a node or a node and a half behind for a while, they will almost certainly have one ready eventually. Of course, that will be accelerated by stealing data on EUV machines, or maybe buying a used EUV machine from someone and reverse-engineering it.
You fail to realize that this isn't like 3D printing, or other low volume manufacturing. You can't just setup a 100nm Si lithography lab in your spare room and churn out RISC-V chips.
In 5 years - realistically we will have a few high performance(non-mobile) ARM chips manufactured at economic scale. Any other type of disruption would require Intel and AMD to fail and relinquish the supply side capacity... or China investing billions into new chipmaking facilities now.(it takes a few years to build that capacity)