There's nothing magical about ARM either. It's Apple's secret sauce that makes their implementations fly and distinct from every other corporation's designs. RISC-V is neat, and very suitable for a company like Apple that want to take a technology and wrangle it to its own liking. Their license with ARM seems to afford that now, as would using RISC-V but they don't have to pay anyone for it. I don't think the Nvidia buying Arm is something that bothers Apple as they've been on a "doing it for themselves" trajectory far longer than that.
WhenApple announced the branding "Apple silicon" I was fully into the idea that they are now masters of their own domain, not beholden to other companies tech. It's ARM for now, but they can take any CPU instruction set and still call it that. So why switch to RISC-V, what would that bring them? Why not do an ISA of their own? It's only the general purpose computing stuff that's of an ISA that's named and common to us, what the heck the myriad of accelerators are running, including the graphics stuff is completely opaque to us, and only exposed through frameworks, APIs and compilers if we're lucky. It's not like Apple is doing talks at conferences how they implemented their neural engine, their compression or encryption accelerators. These can be RISC-V right now for all we know. How is Metal implemented in hardware? Something something tile based rendering.. yeah, but not like Imagination makes their PowerVR stuff, are they? Apple's doing it by themselves.. building instruction sets that they are the master of and that only they know the details of.
ARM as an architecture is good for Apple right now as the software ecosystem is large and sufficiently on par with x86. As is availability of developers and engineers at all stages, from hardware to software. RISC-V is a budding technology right now, without nearly as large ecosystem, and that's a problem for everyone involved. But it's an interesting problem that will solve itself over time, and nothing Apple's shied away from before.. they can hop on a train early if they deem it interesting or just better.
Apple need ARM for the higher level stuff they must expose to their customers, but for the obscure stuff.. the controllers, accelerators, the custom ASICs.. they are probably either so common as they are just picking macros or IP off the shelf, or so bespoke that they have to write everything from scratch. It's this space that RISC-V comes into play for Apple, as it's in this space RISC-V is coming into play for everyone. Fairly few are taking on ARM or x86 in the RISC-V world, they are pretty much all going for the very niche things, from AI and HPC accelerators, to minuscule controllers hardy doing proper integer pipelines. Everywhere where very custom stuff would have to be implemented anyway. And they are not sharing their secret sauce. They are exploring, building know how, seeing what works, where RISC-V is better, where it makes sense. It's the ISA that's free, not the implementations. And it's right up Apple's ethos.
The argument that RISC-V isn't ready for Apple now is irrelevant, their roadmap stretches on for decades. Apple started eying the desktop space with Arm at least a decade ago, when their IC team wasn't nearly as good as it is now. If Apple wanted to do a desktop class RISC-V processor, it'll probably won't take them too much effort. I can see Apple forking ARM to their liking long before RISC-V comes into play for us to bother about. Apple seems to be heavily involved in the roadmap for ARM, at least in ARMv8 and ARMv9, but what's next.. we'll see. Apple can just deviate at will and not really care as long as they are contributing to Clang and LLVM accordingly. That's where we'll see the first real hints of another switch. The switch to ARM was hidden in plain sight as it was no secret the they had ARM in there mobile devices. It'll be harder to hide next time.