Alphabet, Google’s parent company, announced a significant increase in its 2026 capital expenditure guidance, raising it from $175 billion-$185 billion to $195 billion-$205 billion. This increase, driven by investments in AI infrastructure, is expected to benefit chipmakers Nvidia and Broadcom, both strategic partners of Alphabet. Broadcom notably supplies custom AI chips to Alphabet. According to market expectations, the probability of Nvidia becoming the world’s largest company by market capitalization by the end of August has reached 88.5%.
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