A few of the world’s most valuable companies were also among the biggest business stories of the week.⁠ ⁠ Nvidia holds the No. 1 spot after announcing its $12.9 billion acquisition of Hugging Face, the largest deal in company history. Apple remains No. 2 as Tim Cook steps down after 15 years as CEO, with hardware chief John Ternus taking over while Cook moves into the executive chairman role. ⁠ ⁠ Broadcom sits at No. 8 after raising its long-term AI chip outlook, projecting roughly $115 billion in AI chip revenue in 2027 and $230 billion by 2028 as Big Tech spending continues to surge. #marketcap #most #valuable #companies #nvidia