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South Korean government data: semiconductor production fell 3% YoY in September 2024, the first decline in 14 months, indicating slowing demand for memory chips (Sam Kim/Bloomberg)
Mark Zuckerberg says Meta is “executing quite well” in building out AI infrastructure, as Meta raises the low end of its 2024 capex guidance to $38B from $37B (Jonathan Vanian/CNBC)
Filing: Microsoft has made “funding commitments of $13B” to OpenAI and says losses from its stake were partly why it had a $683M expense on its Q1 investments (Todd Bishop/GeekWire)

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