Why Broadcom And Vmware Stocks Are Moving Today

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 despite the risk-averse sentiment putting pressure on equities due to a hotter-than-expected consumer price index report.

Related Link: Coursera Should Be Profitable Over Time Given Scalable Nature Of Its Learning Platform, Analyst Says

AVGO, VMW Price Action: Shares of AVGO were up 3.09% at $901.56  while shares of VMW were up 3.81% at $178.01 at the time of publication, according to Benzinga Pro.

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