After plunging 17% on Monday, Nvidia climbed almost 9% as investors rushed in to buy this historic dip in shares of the top chip maker.

Chuck Zodda, managing partner and Chief Investment Officer from the Armstrong Advisory Group discusses the dip of tech stocks, especially Nvidia after the announcement of Chinese AI start-up DeepSeek.

Brian Colello at Morningstar maintained his target price of $130 per share on Nvidia stock following the DeepSeek news. "We doubt the leading cloud vendors and AI builders will pause their plans," he wrote in a note to clients. "We still think tech firms will continue to buy all the GPUs they can as part this AI gold rush."

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Nvidia shares shed nearly $600 billion in market value Monday, marking the largest single-day loss in market history.