Hyperscaler?
If they're going to buy their own, wouldn't it make more sense to use ARM like AWS with Graviton?
Even a hardware-based x86 frontend. It could e.g. run usermode code uninterrupted, escaping to RISC-V on syscalls, interrupts, exceptions.
A laptop with arm and x86 cores might allow Microsoft to speed up its transition from x86 to ARM in the laptop/mobile world.
No idea on viability but sounds fun :D
I simply don't see this transition happening. Microsoft is working on a RISC-V port (as per RISC-V CTO talks in the RISC-V Summit), and Qualcomm is unlikely to release many more generations of ARM-based SoCs (as per the lawsuit, and as per Qualcomm's own talks in the RISC-V Summit).
The only way forward is RISC-V.
x86 is finally going away, and RISC-V is its replacement.
Who actually wants to build custom processors with Intel x86 cores?
Obviously, Intel is not going to let you compete with their own products so they will have license limits or gimp the cores available for licensing some how.