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.

Chinese startup DeepSeek said on Monday it will temporarily limit registrations due to a cyberattack after the company's AI assistant amassed sudden popularity. The startup earlier in the day was also hit by outages on its website after its AI assistant became the top-rated free application available on Apple's App Store in the United States.