China-based AI company 'DeepSeek' upsets global market

Santa Clara based chipmaker Nvidia bounced back this morning after having its worst day on Wall Street in nearly five years. Nvidia shares are up nearly 3% following Monday's 17% plunge that resulted in a loss of almost $590 billion of its market value, the biggest drop ever for a U.S. Company. This comes as we learned that China based AI newcomer DeepSeek uses far less expensive computing chips than competitors. Let's get some more insight into DeepSeek and how it factors into our use of AI. We. Cory Johnson, chief market strategist at Epistrophe Capital Research joined us on 'The Nine' to explain.