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Alphabet CFO: Raises 2026 capital expenditure guidance range to $180 billion - $190 billion
Golden Finance reports that on April 30, after the market closed on Wednesday in U.S. Eastern Time, Alphabet’s Chief Financial Officer Anet Ashkenazi said on the earnings call that, regarding investments, the company has raised its full-year 2026 capital expenditure guidance range to $180 billion to $190 billion, from the previously expected $175 billion to $185 billion, including additional investments related to the Intersect acquisition completed in March. We are seeing an unprecedented surge in both internal and external demand for artificial intelligence computing resources. Our investments in artificial intelligence are driving strong growth, as evidenced by record-breaking growth in Google Cloud revenue and order backlog, as well as the excellent performance of Google services. Looking ahead, these outstanding results have further reinforced our determination to invest the required capital and continue to seize opportunities in artificial intelligence. Therefore, capital expenditure in 2027 is expected to increase significantly compared with 2026. (Dongxin News Agency)