The important thing about RISC-V is that it's a completely open CPU architecture that could be competitive with ARM. It's arguably the best chance we have at performant computing hardware that doesn't spy on us or become useless after just a few years. We need this.
Blocking its development would be a big win for certain corporations, and a loss to basically everyone else. The AutoTL;DR bot didn't capture that side of the issue, but a quote in the article does allude to it:
"It would be like banning us from working on the internet," Kang said. "It would be a huge mistake in terms of technology, leadership, innovation and companies and jobs that are being created."