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Arm’s fading deal hopes aren’t a victory for Britain

After blessing the original takeover in 2016, the UK could face a battle to woo the chip designer back to the London market

It’s awkward when things have gone awry, the investigations that could deliver a killer blow are just dragging on, and everyone seems to recognise it’s over but you.

I’m talking, of course, about Nvidia’s deal to buy chip design company Arm from Japan’s SoftBank, as close to a dead deal walking as you’ll ever find.

Its demise is starting to feel inevitable. The only questions are how long the end will take, and what happens next?

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