Meta Raises AI Capital Expenditure Outlook to $145 Billion for 2026
Meta increased its full-year AI capital expenditure outlook to $125 billion to $145 billion for 2026, citing rising component costs and data center infrastructure needs. The company reported Q1 2026 revenue of $56.31 billion, beating analyst expectations, but its stock fell in extended trading.
Tickers: $META
Topics: AI Investment Capital Expenditure Earnings Meta Revenue Stock Performance