Big Tech: AI Party Bill — Hundreds of Billions

On February 7, 2026, analysts published aggregated capital expenditure (Capex) data for tech giants. Total AI infrastructure investments by Amazon, Google, Meta, and Microsoft for 2026 are breaking records, causing market volatility.

Investors are nervous: spending on chips and data centers is growing exponentially, while payback periods remain vague. The market is split: hardware manufacturers (Nvidia, TSMC) are up, software companies are under pressure.

Source: Reuters / Economic Times