Monday, June 22, 2026
EST. 2026 · GLOBAL AI INFRASTRUCTURE INTELLIGENCE

S2

AI Infrastructure Intelligence

AI Infrastructure Capex Tracker

13 public companies · 381 quarterly & annual data points · sourced from SEC filings

How much the companies building AI infrastructure are actually spending — neoclouds, hyperscalers, chipmakers and power providers — pulled directly from their SEC XBRL filings (10-K / 10-Q). Ranked by latest full-year capital expenditure.

#CompanyLatest FY capexLatest periodTrend8-Ks (5y)History
1Micron MU$15.86B$11.78B 2026Q26220082026
2CoreWeave CRWV$10.31B$7.70B 2026Q13420232026
3Constellation CEG$2.95B$1.27B 2026Q16720202026
4Vistra VST$2.75B$883M 2026Q19220162026
5TeraWulf WULF$1.06B$523M 2026Q114420102026
6Core Scientific CORZ$729M$389M 2026Q115920202026
7Broadcom AVGO$623M$481M 2026Q25820162026
8IREN IREN$573M$1.67B 2026Q32620232026
9Vertiv (cooling) VRT$220M$113M 2026Q17920182026
10Nvidia NVDA$139M$372M 2020Q24620102020
11Talen Energy TLN$98M$42M 2026Q14020132026
12Applied Digital APLD$58M$76M 2024Q114620212023
13Oklo (SMR) OKLO$33M$33M 2026Q13020232026

Capex = PaymentsToAcquirePropertyPlantAndEquipment as reported to the SEC; latest full-year value where available, else latest period. Trend shows the last 12 reported periods. Updated June 22, 2026. See Methodology.

AI Capex Tracker · S2