# capex
Latest news and articles about capex
Total: 3 articles found
SMIC Posts Healthy 2025 Profit Gain as Chinese Foundry Doubles Down on Capacity — but Growth Outlook Is Cautious
SMIC reported a 2025 revenue increase of about 16% and a 36% rise in net profit, driven by higher wafer shipments, improved utilisation and a better product mix. The firm spent $8.1 billion on capital expenditure in 2025 and guided for flat first‑quarter sales and an 18–20% gross margin, while forecasting full‑year growth above its peers and capex roughly unchanged.
Google Doubles Down on AI Compute: $175–185bn CapEx, Gemini Adoption, and a Cloud Surge
Alphabet reported strong 2025 results and announced a dramatic increase in 2026 capital expenditure — $175–185 billion — to scale AI compute and data‑centre capacity. Gemini 3 adoption, a 48% jump in cloud revenue, and falling model service costs underpin management’s argument that the spending is necessary to meet surging AI demand.
Google’s AI Bet: Gemini Hits 750m Users as Alphabet Pledges Up to $185bn in Capex
Alphabet beat earnings expectations but stunned markets by guiding $175–185bn of capital expenditure for the year, roughly double 2025’s outlay. Google Cloud’s 48% revenue growth and Gemini’s rapid user adoption — helped by a new Siri partnership with Apple — underpin the company’s aggressive push for AI infrastructure, even as investors fret about near‑term returns.