Google Cloud chief Thomas Kurian reports existing customers spend 50% more than committed, driving Q2 growth. Despite this, Alphabet's shares fell over 7% after it raised its 2026 capital spending forecast to $195B-$205B, mainly for AI infrastructure, worrying investors.
Samsung Electronics' shares dropped nearly 7% despite record Q2 earnings and profit, as concerns over AI infrastructure spending, labor union demands, and a new fabrication plant location overshadowed the results. Analysts noted that the stock had already priced in the strong performance, leading to a sell-off upon confirmation.
Samsung Electronics' shares dropped nearly 7% despite record Q2 earnings and revenue, as concerns over AI spending, demand, and labor union demands overshadowed the results. New semiconductor plant plans also contributed to the decline.
Samsung Electronics' shares dropped 9.6% despite record Q2 earnings of 89.4 trillion won. Concerns over AI spending sustainability, labor union demands, government profit sharing, and an unusual new semiconductor plant location overshadowed the strong financial results, with analysts citing profit-taking and rotation appetite towards SK Hynix's ADR listing.
DBS Bank identifies a global AI "arms race" driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, infrastructure, and data centers. The bank anticipates new investment opportunities from AI spending, sovereign AI initiatives, and rising power demand, while advising portfolio adjustments amid geopolitical risks and inflation.
Meta CEO Mark Zuckerberg admitted "mistakes" in the company's AI transformation in an internal memo, promising no more company-wide layoffs this year but cautioning that external factors could change this. The memo acknowledged employee anger over recent job cuts and restructuring, particularly the "managers managing managers" purge and the mandatory reassignment of 7,000 employees to AI roles.
Vedanta Group Chairman Anil Agarwal announced a $20 billion capital expenditure plan over three years for aluminium, steel, power, and zinc. Agarwal expects businesses to triple in size, citing strong demand and raw material backing, and views the current period as ideal for expansion rather than consolidation.
外媒報導指出，AI基礎設施市場蓬勃發展，預計今年資本支出達7250億美元。博通憑藉ASIC和網路設備領導地位，以及台積電在先進晶片製造的壟斷地位，被認為是此熱潮中的兩大贏家，且市場普遍低估其潛力。
Adani Group companies achieved a record capital expenditure of Rs 1.53 lakh crore and an all-time high EBITDA of Rs 94,834 crore in FY26, with 80% of investments targeting energy, utilities, transport, and logistics. Leverage was maintained below the 3.5x target at 3.3x.
Nvidia CEO Jensen Huang forecasts AI capital expenditures could reach $3-4 trillion annually by the end of the decade, significantly exceeding Wall Street estimates. This optimism is fueled by strong cloud revenues and projected growth in AI agents.
Meta is cutting 8,000 jobs on May 20 as CEO Mark Zuckerberg rebuilds the company around small, AI-powered teams. With capex hitting a record $125–145 billion this year, CFO Susan Li admitted there's no clean answer for what Meta's ideal headcount even looks like anymore. The company wants builders who can ship alone what teams once built together—and is letting everyone else go.
Meta is cutting 8,000 jobs on May 20 as CEO Mark Zuckerberg rebuilds the company around small, AI-powered teams. With capex hitting a record $125–145 billion this year, CFO Susan Li admitted there's no clean answer for what Meta's ideal headcount even looks like anymore. The company wants builders who can ship alone what teams once built together—and is letting everyone else go.
TikTok owner ByteDance is ramping up its spending on artificial intelligence infrastructure, boosting its planned capital expenditure this year to more than 200 billion yuan (US$30 billion), according to two people familiar with the matter. This represented an increase of at least 25 per cent compared with a preliminary plan discussed late last year that proposed AI capex of 160 billion yuan, they said. The increase was necessary because of the company’s growing commitment to AI, as well as...
Alphabet shares surged over 5% on Thursday while Meta plunged 10%, marking Alphabet's best day since November 2025 and Meta's worst since October 2025. Both tech giants announced increased AI spending plans, with Alphabet raising capex to $180-190B and Meta to $125-145B, but investors rewarded Alphabet's cloud-driven growth while punishing Meta's lack of clear AI monetization path.
Alphabet shares rose over 6% after beating Q1 estimates with 63% Google Cloud growth, while Meta dropped 9% despite beating earnings, as investors questioned Meta's $125-145B capex plan without a cloud business to monetize AI. Both tech giants increased AI spending, with Alphabet raising full-year capex to $180-190B and Meta to $125-145B, as analysts warn the AI spending cycle shows no signs of cooling.
Alphabet and Meta both reported stronger-than-expected earnings, with Alphabet's stock rising 7% and Meta falling 7% in extended trading. The divergence stems from Alphabet's massive cloud infrastructure business that monetizes AI investments, while Meta lacks this revenue stream. Alphabet raised 2026 capex guidance to $180-190 billion, while Meta increased its guidance to $125-145 billion.
Microsoft reported Q3 2026 earnings with EPS of $4.27 adjusted vs $4.06 expected, and revenue of $82.89B vs $81.39B expected. The company issued 2026 capex guidance of $190B, significantly above the $154.6B consensus. Azure cloud revenue grew 40%, while AI annualized revenue reached $37B, up 123%. Stock is down 12% in 2026 following worst quarterly performance since 2008.
Meta Platforms reported Q1 earnings with adjusted EPS of $7.31 vs $6.79 estimated, and revenue of $56.31B vs $55.45B estimated, marking its fastest growth quarter since 2021. However, shares fell 7% after hours as capex of $19.84B came in below the $27.57B estimate, though full-year capex guidance was raised to $125B-$145B. Daily active people dropped more than 5% quarter-over-quarter to 3.56B, missing the 3.62B estimate, with Meta blaming internet disruptions in Iran and a WhatsApp restriction in Russia.
Meta Platforms reports Q1 earnings Wednesday with analysts expecting $6.79 EPS on $55.45B revenue, marking 31% growth — strongest since 2021. CEO Mark Zuckerberg continues AI push following June's $14.3B Scale AI investment and hiring of Alexandr Wang to lead Meta Superintelligence Labs. Expected capex of $27.63B for the quarter, with full-year guidance of $115-135B. Company announced 8,000 layoffs (10% of workforce) while Reality Labs is forecast to post $4.82B operating loss.
Tesla announced it will spend $25 billion on capital expenditures in 2026, triple its previous annual spend, as it transitions to an AI and robotics company. The increase from the previously announced $20 billion reflects expanded investments in compute infrastructure, data centers, manufacturing, and R&D. While CFO Vaibhav Taneja warned the company will head into negative free cash flow later this year, Tesla reported $44.7 billion in cash at quarter's end and views the spending as justified for future revenue streams.
Tesla announced it will increase capital expenditures to $25 billion in 2026, more than triple previous annual spending, as it transitions to an AI and robotics company. The figure surpasses the $20 billion expected in January. CFO Vaibhav Taneja warned negative free cash flow is expected for the rest of the year, though the company ended Q1 with $44.7 billion in cash. Musk framed the spending as necessary for future revenue streams from AI, Optimus robots, and expanded manufacturing.
Tesla announced it will triple its capital expenditures to $25 billion in 2026, up from $8.5 billion in 2025, as CEO Elon Musk accelerates the company's transition to an AI and robotics company. The $5 billion increase from earlier projections of $20 billion will fund AI training, chip design, Optimus humanoid robot production at scale, and a new semiconductor research fab in Austin. While Tesla reported $1.4 billion in free cash flow for Q1, CFO Vaibhav Taneja warned the company will head into negative free cash flow territory later this year. Tesla shares erased gains in after-hours trading despite the company holding $44.7 billion in cash.
