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Meta Boosts Capex to $65B, Chip Stocks Face Outlook Worries | Bloomberg Technology

Bloomberg's Caroline Hyde and Mike Shepard discuss Meta's capex boost as CEO Mark Zuckerberg plans up to $65 billion in AI investments. And, global chip stocks pull back as Texas Instruments' outlook underwhelms. Plus, Project Liberty founder Frank McCourt talks about his bid for and the future of TikTok. Chapters: 00:00:00 - Intro 00:03:16 - Chip Stocks Fall on Weak Results 00:15:17 - Krach Institute for Tech Diplomacy at Purdue CEO Michelle Giuda 00:32:56 - MikMak CEO Rachel Tipograph -------- "Bloomberg Technology" is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York. Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:    / @bloombergtechnology   Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here:    • Bloomberg Technology With Emily Chang...   Get the latest in tech from Silicon Valley and around the world here: https://www.bloomberg.com/technology Follow Ed Ludlow on Twitter here:   / edludlow   Follow Caroline Hyde on Twitter here:   / carolinehydetv   Connect with us on... Twitter:   / technology   Facebook:   / bloombergtechnology   Instagram:   / bloombergbusiness