Broadcom Inc. AVGO and Vmware, Inc. VMW shares are trading higher Thursday following a report suggesting that China’s State Administration for Market Regulation is expected to grant Broadcom conditional antitrust approval for its acquisition of Vmware.
What To Know: According to CNBC’s Jim Cramer, Broadcom shares will gain considerably pending the $60 billion transaction. Cramer also praised the company’s artificial intelligence efforts.
He also noted the gain in both stocks Thursday…