Nvidia crosses into $1 trillion market cap before giving back gains

(CNBC) Nvidia hit a $1 trillion market cap at the open Tuesday before paring back gains, falling to $990 billion. Nvidia’s shares had to hold above $404.86 to maintain that distinction throughout the day. The stock gave back some of its gains by late afternoon trading, holding on to a fresh 52-week high but falling back just below a $1 trillion valuation, where it would close.

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