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Big Tech companies combined capital expenditures hit record $725 billion, with Microsoft alone attributing $25 billion of AI budget to memory and chip cost increases.

Explosive infrastructure spending and component cost inflation underscore the capital intensity and cost pressures of AI infrastructure buildout.
Trade pressSlicast · May 1, 2026 22:00 · Global · Source: tomshardware.com
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Image / Slicast · Source: tomshardware.com

Big Tech companies combined capital expenditures hit record $725 billion, with Microsoft alone attributing $25 billion of AI budget to memory and chip cost increases.

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Big Tech companies combined capital expenditures hit record $725 billion, with Microsoft alone attributing $25 billion of AI budget to memory and chip cost increases. · Slicast