Industry News

Big Tech AI Spending to Exceed $700B in 2026 — Stock Buybacks Declining

Major US hyperscalers plan over $700B in capex for 2026. Amazon leads with $200B, Meta at $115-135B, with Microsoft and Alphabet also investing heavily. Apple trails at $14B.

AI InvestmentBig TechData CentersCapEx
※ このページにはアフィリエイトリンクが含まれています。リンク経由でご購入いただくと、運営費の一部として還元されます。

Scale of AI Investment


Major US tech companies plan over $700B (~105 trillion yen) in capital expenditures for 2026, primarily directed at data centers, GPUs, and AI infrastructure.


Investment by Company


  • Amazon: $200B
  • Meta: $115-135B (up from $72.2B in 2025)
  • Microsoft: Continued large-scale investment
  • Alphabet: Continued large-scale investment
  • Apple: $14B (smallest among Big Tech)

  • Impact on Buybacks


    According to Bloomberg, massive AI spending is causing stock buybacks to decline. Big Tech's traditional formula of 'spend little, earn lots' is being disrupted by AI.


    Investment Areas


  • Data center construction
  • GPU and custom chip procurement
  • AI model training and inference infrastructure
  • Cloud service expansion
  • AI Newsletter

    Get the latest AI tools and news delivered daily

    Related Articles