The global technology industry is caught in an unprecedented "spending war." According to AIbase, the latest industry data shows that tech giants led by Amazon, Google, Meta, and Microsoft are pouring money into artificial intelligence infrastructure at an unprecedented pace. It is expected that the total annual capital expenditures of these four giants will reach a historical peak of $660 billion (about RMB 4.7 trillion) by 2026.
This intense spending surge mainly focuses on building large-scale data centers, purchasing high-performance chips, and developing customized hardware. AIbase noted that this amount not only breaks the record for corporate investment, but its scale is even comparable to Sweden's annual gross domestic product. Amazon, with a planned expenditure of $200 billion, leads the way, followed closely by Alphabet (Google's parent company), which has raised its investment scale to $185 billion.
Faced with such astonishing figures, Wall Street's attitude is quite conflicted. On one hand, investors are worried that this "epic" spending could end up like the railway bubble of the 19th century or the telecom bubble of the 90s. On the other hand, the giants insist that artificial intelligence is the core strategic position for the next decade, and the risk of "investing too little" is far greater than the risk of "investing too much."
Currently, the biggest beneficiaries of this arms race are the chip suppliers at the upstream of the industrial chain. As these tech giants continue to increase their investments in computing power, companies such as NVIDIA and AMD see a continuous surge in orders. This AI wave built with hundreds of billions of dollars is redefining the global technology industry's power map.
Key Points:
💰 Staggering Amount: The AI spending of the four tech giants is expected to reach $66 billion by 2026, equivalent to Sweden's GDP for a year.
🏗️ Clear Investment Direction: The huge amount of money will be mainly used to build ultra-large-scale data centers and purchase high-performance computing chips produced by companies such as NVIDIA.
📉 Market Game: Although Wall Street is concerned about repeating the technological bubble, the giants stick to a defensive strategy of "investing more rather than less."
