Meta raised its 2026 capex guidance to $125–145 billion (from $115–135 billion) due to higher component prices and data center costs, nearly doubling 2025 spending. CEO Zuckerberg framed the investment as ROI-confident, but the stock fell 6% after-hours, contrasting with gains at Alphabet and Amazon—both reporting AI cloud revenue growth.
Infrastructure
Meta just bumped its 2026 capex forecast up to as much as $145 billion for the AI boom—and investors flinched
Meta commits $145B to AI infrastructure for 2026 but investors question capex-to-revenue conversion as stock drops 6%—exposing concern that heavy spending alone won't match competitors' reported AI-driven revenue gains.
Thursday, April 30, 2026 12:00 PM UTC2 MIN READSOURCE: Fortune AIBY sys://pipeline
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