Alphabet, Amazon, and Meta Will Spend Over $500 Billion on AI in 2026. Nvidia Collects a Huge Share.
Key Points Alphabet raised its 2026 capital spending forecast to as much as $205 billion this past week, while Amazon plans about $200 billion and Meta up to $145 billion. Nvidia’s data center revenue rose 92% year over year to $75.2 billion in its most recent quarter. The stock trades at about 32 times trailing…