Google Just Warned of a Significant Increase in 2027 CapEx. Why GOOGL Stock Investors Don’t Seem to Care.

Big tech companies are pouring money into AI infrastructure at a pace that's hard to ignore. Back in mid-February, Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Amazon (AMZN), and Meta (META) were on track to spend at least $650 billion on AI in 2026, with no real signs of slowing down. 

By late April, well-known analyst Gartner was projecting global IT spending to hit $6.31 trillion in 2026, up 13.5% from the year before. That's why every capital spending update from these companies matters, especially when they've collectively committed more than $630 billion to AI infrastructure this year alone.