Jim Cramer shares his take on Broadcom-VMware’s $60 billion deal

News Snapshot:

VMware (VMW) on Thursday jumped roughly 4% on reports that Broadcom's (AVGO) acquisition of the cloud and virtual machine company is likely to be approved by China shortly. China's State Administration for Market Regulation is expected to be granted conditional antitrust approval soon, according to trade publication Dealreporter. If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. Approval of the $60 billion purchase will boost shares of chipmaker Broadcom significantly, CNBC's Jim Cramer said, citing the company's artificial intelligence efforts as another bonus. Broadcom, a holding in Jim's...