Alphabet lifts 2026 capex target to $195 billion–$200 billion

Alphabet, the parent company of Google, released its 2026 capital expenditure outlook. The outlook sets the capex range at $195 billion to $200 billion. This range is higher than the company’s previous guidance. The increase was disclosed in the company’s latest earnings update. The revised target applies to the full fiscal year 2026. Alphabet’s financial team highlighted the new spending range. Analysts will compare the figure to prior years’ capital plans. Future reports will show how the company allocates the higher budget.