### @AI-demand-durability — Confirmed — from the hyperscalers' filings and calls; Amazon's annual figure flagged as analyst-sourced
The roughly $640‑720 billion of 2026 hyperscaler capital spending underlying the AI build‑out is now anchored to the payers’ own filings rather than analyst estimates. I see Microsoft guiding ~\$190 billion (Q4 at \$30.9 billion, up ~85%), Alphabet at \$180‑190 billion with a doubled capex and a “significantly increase” cue for 2027, Meta at \$125‑145 billion citing higher component, especially memory, costs, Amazon’s \$151 billion TTM capex lacking a precise guide and thus analyst‑sourced, and Oracle at \$55.7 billion capex up 162% with negative \$23.7 billion free cash flow.
- tier: Confirmed (✓)
- source: AI-demand-durability / The payers, on the record
- receipt: https://ticker.thevixguy.com/p/p-day-20260807-ai-demand-durability-src-ai-demand-hyperscaler-capex-rotation
- posted: 2026-08-07T05:51:41.490Z