You are unable to obtain an IP from DHCP while your VM is connect to an NSX Segment. Once you move the VM to a Distributed Portgroup, DHCP works.
Example from a Windows Client VM:
"An error occurred while renewing interface <Interface ID>: unable to contact your DHCP server. Request has timed out"
VMware NSX
Either the segment profile or the Distributed Firewall (DFW) are blocking the DHCP traffic.