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Google once again raises its capital expenditure forecast for 2026, and the core of the computing power industry chain may continue to benefit

2026-07-23·newswire-us-stock-002208
Google once again raises its capital expenditure forecast for 2026, and the core of the computing power industry chain may continue to benefit.

Many overseas technology giants have increased their data center business. OpenAI plans to spend more than US$30 billion to build new data centers and has raised its cloud spending forecast to US$750 billion. Google parent company Alphabet has once again raised its already high capital expenditure forecast for 2026.

It expects capital expenditure in 2026 to be between US$195 billion and US$205 billion, higher than the previous guidance of a maximum of US$190 billion.

Huatai Securities research report pointed out that overall, the trend of the AI industry has not slowed down, and the competition for computing power and large models continues: First, the performance and guidance of TSMC and ASML continue to confirm the intensity of AI demand; second, domestic open source large-parameter models represented by Kimi K3 and

Qwen 3.8 have gone from "catching up" to "running parallel" in terms of agent capabilities, which also proves that the demand for computing power, storage and network is still sustainable. There is no need to panic after short-term emotions clear up quickly.

According to the Finance Association’s theme database, among the relevant listed companies: Yuanjie Technology is a rare optical chip R&D enterprise in China, with world-class technical strength and production capabilities in the fields of CW lasers and EML chips.

Thanks to the growth in data center business revenue, net profit attributable to the parent company is expected to increase by 1196.91%-1304.98% year-on-year in the first half of the year. Xinyi Sheng has currently launched 1.6T optical module products, covering the full technical routes of VCSEL/EML, silicon photonics and thin film lithium niobate.

The net profit attributable to the parent company in the first half of the year is expected to be 7-8 billion yuan, a year-on-year increase of 77.6%-102.9%.

#Stocks #Google #AI #Semiconductors #Earnings

Full text

Google once again raises its capital expenditure forecast for 2026, and the core of the computing power industry chain may continue to benefit

Many overseas technology giants have increased their data center business. OpenAI plans to spend more than US$30 billion to build new data centers and has raised its cloud spending forecast to US$750 billion. Google parent company Alphabet has once again raised its already high capital expenditure forecast for 2026. It expects capital expenditure in 2026 to be between US$195 billion and US$205 billion, higher than the previous guidance of a maximum of US$190 billion.

Many overseas technology giants have increased their data center business. OpenAI plans to spend more than US$30 billion to build new data centers and has raised its cloud spending forecast to US$750 billion. Google parent company Alphabet has once again raised its already high capital expenditure forecast for 2026. It expects capital expenditure in 2026 to be between US$195 billion and US$205 billion, higher than the previous guidance of a maximum of US$190 billion. Huatai Securities research report pointed out that overall, the trend of the AI industry has not slowed down, and the competition for computing power and large models continues: First, the performance and guidance of TSMC and ASML continue to confirm the intensity of AI demand; second, domestic open source large-parameter models represented by Kimi K3 and Qwen 3.8 have gone from "catching up" to "running parallel" in terms of agent capabilities, which also proves that the demand for computing power, storage and network is still sustainable. There is no need to panic after short-term emotions clear up quickly. According to the Finance Association’s theme database, among the relevant listed companies: Yuanjie Technology is a rare optical chip R&D enterprise in China, with world-class technical strength and production capabilities in the fields of CW lasers and EML chips. Thanks to the growth in data center business revenue, net profit attributable to the parent company is expected to increase by 1196.91%-1304.98% year-on-year in the first half of the year. Xinyi Sheng has currently launched 1.6T optical module products, covering the full technical routes of VCSEL/EML, silicon photonics and thin film lithium niobate. The net profit attributable to the parent company in the first half of the year is expected to be 7-8 billion yuan, a year-on-year increase of 77.6%-102.9%.

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