Broadcom-VMware merger faces potential Chinese regulatory hurdles By Investing.com

Broadcom-VMware merger faces potential Chinese regulatory hurdles By Investing.com



© Reuters.

Shares of Broadcom (NASDAQ:) and VMware (NYSE:NYSE:) experienced a decline on Tuesday amid growing speculation that their proposed $61 billion merger could face obstacles from Chinese regulators. This news follows the U.S’s stricter technology export restrictions on computer chips processing artificial intelligence software, which also contributed to a drop in Nvidia’s (NASDAQ:) stock. Broadcom’s shares fell by 3.3% to approximately $873, while VMware’s shares dropped by…



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