Timothy Chubb says “there’s a fundamental misunderstanding” about DeepSeek’s costs, but says his testing has showed parity with other models on the market. He thinks this is “ultimately good news” for the A.I. sector because it brings more efficiency. Still, he’s overall cautious. His picks include Synopsys (SNPS), EMCOR (EME), IDEXX Laboratories (IDXX), and Uber (UBER).