Meta Increases AI-Related Capital Expenditure Guidance for 2026
Meta Platforms (NASDAQ:META) has raised its capital expenditure guidance to $125-$145 billion for 2026, a significant increase from the previous range of $120-$135 billion. The company's Q1 revenue grew by 33% year-over-year to $56.311 billion and it spent $18.997 billion on capex in that quarter alone.
Topics: AI capex guidance Meta Platforms Wall Street reaction