Alphabet Maintains 2026 Capital Expenditure Guidance Amid Revenue Growth
Alphabet reported strong third-quarter performance, highlighted by a 25% year-over-year revenue increase and reaching an annual revenue run rate of $0.5 trillion. CEO Sundar Pichai noted the company's robust growth trajectory as it continues to scale its operations. Looking ahead, Alphabet signaled that its capital expenditure guidance for 2026 remains unchanged in the range of $195 billion to $205 billion. This spending is directed toward ramping up third-party compute and TPU system sales, underscoring a continued heavy investment in AI infrastructure and cloud capabilities.
Topics: annual run rate cloud computing earnings report revenue growth
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