Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Google released its results early Thursday morning, and the market is focused on whether its AI capital expenditure guidance will be raised significantly.
Robert Kasterlano, president of The Information Network, who has more than 40 years of experience researching the technology industry, wrote that multiple signals from the industry supply chain suggest Alphabet’s prior 2026 Capex expectation of $180 billion to $190 billion may already be on the conservative side. With AI data center construction continuing to accelerate and cloud computing demand maintaining strong growth, Alphabet’s AI infrastructure spending over the next several years is still likely to remain on an upward trend. Kasterlano expects that Alphabet may raise its 2026 capital expenditure guidance to $190 billion to $200 billion in its earnings report, while keeping the related statement about 2027 spending remaining close to $300 billion unchanged.
Meanwhile, Deutsche Bank has also significantly increased its forecast for Alphabet’s future capital expenditures. Deutsche Bank expects Alphabet’s 2027 Capex to reach about $325 billion, a clear increase from its prior forecast of $250 billion; and 2028 capital expenditures could further rise to between $365 billion and $370 billion.
If this trend materializes, it would mean that the AI infrastructure investment cycle is still expanding, and the market’s prior concerns that AI capital expenditures are about to peak and that growth momentum will slow may face a repricing again.