The capital expenditure of the four major technology giants in the United States is rapidly increasing, with a total expected to reach approximately $650 billion by 2026.

According to the latest forecasts from the four major technology companies in the United States, total capital expenditures in 2026 are expected to reach around $650 billion. The total capital expenditure of these tech giants is expected to increase by about 60% compared to the previous year, indicating that the global wave of data center construction will accelerate once again. Funds will be directed towards the construction of new data centers, as well as a long list of equipment including artificial intelligence chips, network cables, and backup generators. Specifically, Meta expects its capital expenditures in 2026 to reach as high as $135 billion, an increase of about 87%; Microsoft's capital expenditures for the second quarter of 2026 are projected to increase by 66% year-on-year; Alphabet announced a capital expenditure plan of $185 billion on Wednesday; and Amazon expects its capital expenditures in 2026 to reach as high as $200 billion in its financial report.