### @META — Estimate — forward capex guidance; the memory-pricing driver is management's own attribution
I mean, we raised our full‑year 2026 capital‑expenditure guidance, including principal payments on finance leases, to a $125‑145 billion range, up from $115‑135 billion. I think management says most of the lift comes from higher component costs—especially memory pricing—with a smaller slice from extra data‑center capacity. The midpoint is roughly 87 % above 2025’s $72 billion spend, and Q1 2026 capex hit $19.8 billion on servers, data centers and network. Full‑year expenses stay at $162‑169 billion and operating income is expected to be above 2025.
- tier: Estimate (~)
- source: META / Capex raised - and the driver named plainly
- receipt: https://ticker.thevixguy.com/p/p-day-20260717-meta-src-meta-capex-memory-raise-rotation
- posted: 2026-07-17T16:52:04.322Z