Broadcom’s VMware deal may be in doubt, but its soaring stock will be just fine

As Broadcom Inc. and VMware Inc. get closer to their new merger deadline of Nov. 26, some investors are nervous that the deal will not get done, with a $1.5 billion termination fee hanging over the chip maker.

China is reportedly the cause for the current hold-up for the deal, which was supposed to close by Oct. 30. The Chinese government has not signed off on the acquisition, now valued at nearly $70 billion, which would become one of tech’s biggest mergers ever if…