Big Tech AI Capital Expenditure Exceeds $650 Billion Amid Q1 Earnings Surprises and Market Concerns
Big Tech companies like Amazon, Meta, Microsoft, and Alphabet exceeded revenue forecasts in Q1 2026, but aggressive AI capital spending plans triggered after-hours selloffs. Combined AI capex for 2026 is expected to surpass $650 billion, raising concerns about depreciation costs outpacing revenue growth.
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Topics: AI Investment Capital Expenditure Earnings Market Reaction Tech Sector