Tencent Capital Expenditure Increases by 63% Quarter-over-Quarter, Continues to Boost

robot
Abstract generation in progress

May 14, 2026

Tencent’s capital expenditure increased by 63% quarter-over-quarter and continues to ramp up

=====================================================

Enlarge image / Show original image

Tencent (00700)’s first quarter capital expenditure was 31.9 billion yuan (RMB, same below), a significant increase of 63% quarter-over-quarter, and up 16% year-over-year, mainly used for investments related to artificial intelligence (AI). Management stated at the earnings conference that the demand for AI-related services continues to grow, and capital expenditure will increase compared to last year, especially with greater investment in the second half of this year, and more domestically produced chips will be put into use gradually.

Tencent ADR performed well early on, as of this morning 1…

(Excerpt)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin