By Adam Eckert
Publication Date: 2026-02-04 22:01:00
Broadcom Inc (NASDAQ:AVGO) shares are rising in extended trading on Wednesday after Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) forecasted a massive jump in capital expenditures this year.
Google CapEx Expectations Soar
Alphabet reported earnings for the fourth quarter after the market close on Wednesday, beating estimates on the top and bottom lines with revenue of $113.83 billion and adjusted earnings of $2.82 per share.
The number that really stands out is the tech giant’s anticipated CaPex of $175 billion to $185 billion for 2026. Analysts had been anticipating total spend of around $115 billion this year, according to a Reuters report, citing data compiled by LSEG.
“We’re seeing our AI investments and infrastructure drive revenue and growth across the board,” Alphabet’s Google said in its earnings release.
The significantly raised CaPex guidance signals much more spending on data centers, AI hardware and cloud infrastructure. That bodes well for Broadcom as Google is a huge…
