Microsoft Increases 2026 Capex Forecast by 23% Amid Rising Memory Prices
Microsoft has raised its 2026 capital expenditure (capex) forecast to $190 billion, a 23% increase over analyst expectations and a 61% rise from the previous year. The increase is primarily driven by rising memory prices, which are expected to account for $25 billion of the capex. The company's focus on AI investments is contributing to the surge in spending, raising concerns about the return on these investments.
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Topics: AI Investments Capital Expenditure Earnings Report Memory Prices Microsoft