🚨 Big Tech CapEx is going vertical. Combined spending by Amazon ($AMZN), Alphabet ($GOOGL), Meta ($META), and Microsoft ($MSFT) is projected to reach a record ~$610B in 2026 +70% YoY. That’s nearly 3x 2024 levels and 4x 2023. Expected breakdown: • Amazon ~$200B • Alphabet ~$180B • Meta ~$125B • Microsoft ~$105B Each company could spend as much as or more than the prior two years combined. The AI infrastructure race is unprecedented. 📈

🚨 Big Tech CapEx is going vertical.

Combined spending by Amazon ($AMZN), Alphabet ($GOOGL), Meta ($META), and Microsoft ($MSFT) is projected to reach a record ~$610B in 2026 +70% YoY.

That’s nearly 3x 2024 levels and 4x 2023.
Expected breakdown:
• Amazon ~$200B
• Alphabet ~$180B
• Meta ~$125B
• Microsoft ~$105B

Each company could spend as much as or more than the prior two years combined.

The AI infrastructure race is unprecedented. 📈