What might be interesting is whether this pushes Microchip to adopt more RISC-V more quickly, not just supporting a RISC-V soft core in their FPGAs and RISC-V cores in their PoplarFire SoC FPGAs.
The hope is shared by my but the direction apears diferent:
https://www.microchip.com/en-us/products/microcontrollers-and-microprocessors/32-bit-mcus/pic32-32-bit-mcus/pic32cm-mc
In my opinion the correct mchip move should be embrace RISC-V ISA and populate heavy processors with this like NXP's crossover processors... But I am not the CTO of mchip
Also see the other thread about Microchip. At this point, it's very hard to tell what they will do, but even more humbly, it's hard to tell what the "right" direction would be. Honestly.
RISC-V is all nice, but, and it looks like we have to say it again and again, it's NOT hardware. RISC-V is just a bunch of specs. Ever since the PIC32, Microchip has apparently decided to stop designing their own cores. The MIPS cores they used were pretty much "ready to use" with the right support, as is the case with ARM.
So you would have to define what going RISC-V would mean. I doubt they'd be ready to go back to designing their own cores, even if now RISC-V-based, whereas they have pretty much stopped doing this and this approach is becoming almost non-existent in the MCU industry. When deciding to make ARM-based, or MIPS-based MCUs, a company doesn't just select an ISA. Actually, the ISA itself may not matter all that much as long as it fits their basic requirements. A company also goes for a vendor that will license ready-to-use (or almost) cores and all the tech support required to make a chip with them. So if they are going RISC-V, they will in all certainty do the same thing, and will have to select a vendor selling licenses of RISC-V cores. There are a few out there, but none has the history of either ARM or MIPS, so this choice alone will be a very tough one to do. Now since we've heard that the new MIPS would actually be designing RISC-V cores, that might be what happens in the end: Microchip again contracting cores with MIPS!
But at this point, and given the history, I would be pretty wary of MIPS' future myself, and would probably think twice before ever deciding to do business with them. Sorry MIPS but yeah...