Or maybe they will launch Win 12 with optional TPM support.
Imho making the OS(es) TPM only cannot be good for their business, many people are still on Win 10 with no intention to switch, since their motheboard does not support TPM and do not want to upgrade PC / waste PCI-E slot on TPM extension.
Microsoft doesn’t make their money selling to consumers, they make their money selling to businesses. Thats why you don’t really need a Windows license, and why the OS is filled to the brim with garbage