What is the virtual hardware version of the VM (in the VM's Settings > Compatibility), It should be 21, especially if you want the improvements in VMware Tools  (3D support, drag/drop/copy/paste performance enhancements, suspend/resume, host time sync, etc) to work on Fusion 13.5

I'm looking at a similarly configured Windows 11 ARM Home 22621.2506 VM on my Mac mini 2020 M1 with Fusion 13.5 and Vmware Tools 12.3.0.22234872. Those devices aren't displayed in Device Monitor at all - and everything is working fine.

Was this a VM that was created on 13.5 or the 2023 Tech Preview, or was it upgraded from a VM created on Fusion 13.0.x version?

Here's something you might try (take a snapshot first):

• Run Device manager and delete the two devices.
• Then reboot the system and see if the devices return.

Ack.. never mind. I dug a little further and found that these two devices (named a bit differently) do exist in my VMs and like you see don't have a driver.

There's nothing wrong here and what you see is normal. Don't worry that the devices exist and don't have a driver attached.  Fusion works just fine without these devices, having a driver, and the VMware Tools work fine.

So in summary:

VMware-tools-12.3.0-22234872-x86_64 has the drivers and installs correctly:
System devices
VMware VMCI Bus Device
and
Universal Serial Bus controllers
Standard Universal PCI to USB Host Controller

but

VMware-tools-12.3.0-22234872-arm lacks the drivers and shows:
Other devices
Base System Device
Orange exclamation mark
The drivers for this device are not installed. (Code 28)
and
Other devices
Universal Serial Bus (USB) Controller
Orange exclamation mark
The drivers for this device are not installed. (Code 28)

This means that VMware-tools ARM needs to be corrected!

Again, I think VMware knows what it’s doing here. I’m sure they are aware that they have devices on Windows 11 ARM that Tools doesn’t supply drivers for. Remembef that the Tools on ARM still do not have the same functionality as on Intel. 

VMware has documented the differences between  Tools on Intel and ARM Windows - see https://kb.vmware.com/s/article/95031 .Other than the missing drivers is there something that doesn’t work as documented on Windows 11 ARM?

I found a KB article that explains this:

Compatibility considerations for Arm guest operating systems in Fusion VMs on Apple silicon (90364)

https://kb.vmware.com/s/article/90364

......

1. Generic requirements and limitations for all Arm Guest Operating Systems

Other virtual devices:

• EHCI and UHCI are not fully supported at this time

2. Windows

• Other functionalities enabled by VMware Tools are not available at this time, including:
• Drivers: PVSCSI, VMCI, VSOCK, VMMEMCTL, VMMOUSE

.......

I tried to disable the devices by editing the .vmx file setting vmci0.present and ehci.present to "FALSE", but that did not have any effect on the Device Manager list.

I don't know what VMCI is supposed to do, but EHCI is for USB 2.0. Since XHCI also supports USB 2.0, EHCI is not necessary.

---

@coolryg wrote:

Windows ARM drivers for VMCI/vsock will be included in an upcoming release of VMtools.

VMware does not actively maintain EHCI drivers.

Microsoft has eliminated inbox EHCI drivers for Windows ARM.

To disable the EHCI device, add usb.uhci.present = "FALSE" to the vmx configuration.

---

That's a good tip, and I'll include it in the next version of the Companion document.