Alphabet CFO Raises 2026 Capital Expenditure Guidance to $180-$190 Billion
On April 30, after the market closed on Wednesday, Alphabet CFO Arnaud Ashkenazy stated during the earnings call that the company has raised its full-year capital expenditure guidance for 2026 to a range of $180 billion to $190 billion, up from the previous expectation of $175 billion to $185 billion, due to investments related to the Intersect acquisition completed in March. We are seeing unprecedented demand for AI computing resources both internally and externally. Our investments in artificial intelligence are driving strong growth, as evidenced by Google Cloud's record revenue and order backlog growth, along with the excellent performance of Google Services. Looking ahead, these outstanding results reinforce our commitment to invest the necessary capital to continue seizing opportunities in artificial intelligence. Therefore, we expect capital expenditures in 2027 to increase significantly compared to 2026. (Dongxin News Agency)
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