Key Takeaways CrowdStrike Holdings shares hit a record intraday high Tuesday after a cyberattack hit Chinese AI startup DeepSeek.The attack comes after tech stocks sank Monday on news that DeepSeek's AI assistant runs on less-advanced chips and at a lower cost than U.

The AI Technology world was turned on its side Monday following news that DeepSeek had reportedly developed an inexpensive Large Language Model (LLM) that performs better than ChatGPT and other U.S. developed models.

Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) jumped 8.5% in the afternoon session as the debate around the future of AI continues following the unveiling of DeepSeek. The market is recalibrating and rotating to stocks that are not only more insulated if DeepSeek prevails in the AI arms race but to stocks that may actually benefit no matter who wins that race.