There’s big news afoot for chip stock Broadcom (NASDAQ:AVGO) as it moves to purchase cloud computing stock VMWare (NYSE:VMW). More specifically, word has emerged about China’s stance on the deal, and it was enough to send VMWare stock heading upward, while Broadcom stock pulled back fractionally in Wednesday afternoon’s trading.
China’s stance focused mainly on the deal’s relationship to China’s antitrust laws, and from the looks of it, the deal did not fare well. In fact, it…