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Alphabet Raises 2026 Capital Expenditure Guidance to $195-205 Billion on July 24

AI Industry News Stocks

2026-07-24 23:13:42

According to Edaily, Alphabet raised its 2026 capital expenditure guidance to $195-205 billion on July 24, increasing by up to $15 billion from its prior guidance of $180-190 billion. The company cited strong demand for cloud and AI services that outpaces current computing supply capacity. Google Cloud's second-quarter revenue reached $24.8 billion, up 82% year-over-year, with operating margin expanding to 35.6%. Backlog grew from $46.2 billion in Q1 to $51.4 billion in Q2.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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