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المشهد العربي
Alphabet boosts capex forecast to $205B
Alphabet Inc. has raised its capital expenditure forecast for 2026 to between $195 billion and $205 billion, up from its previous estimate of $180 billion to $190 billion, due to increasing demand for AI services and cloud computing. CFO Ruth Porat explained that the adjustments are to keep pace with the growing need to accelerate operational capabilities, as the company continues to operate in an environment with limited supply. The financial report also noted an exceptional 100% increase in capital spending in the second quarter, reaching $44.9 billion, to support investments in AI infrastructure and meet customer demands across various sectors.
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