Google (GOOGL) Reports $35.67B Q1 FY26 Capex Amid AI Concerns

Published on 5/3/2026 · Source: finance.yahoo.com

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Alphabet (GOOGL) reported a capital expenditure (capex) of $35.67 billion for Q1 FY26. Its Google Cloud backlog nearly doubled to over $460 billion, highlighting significant demand. Meanwhile, Microsoft (MSFT) spent $30.88 billion in the same quarter, marking an 84.39% year-over-year increase, and Amazon (AMZN) topped the spending charts at $44.20 billion. The discussion highlighted concerns about data centers' impact on the power grid, with warnings about potential rolling blackouts if infrastructure investment and coordination with utilities do not improve.

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