Gartner forecasts that global information technology (IT) spending will hit $6.15 trillion this year, up 10.8% over 2025 levels.
Many of the top tech companies in the world have announced massive increases in their capital expenditure (capex) for 2026 to pay for data center infrastructure.
Amazon announced it planned to spend $200 billion in 2026, $50 billion more than analysts anticipated. Alphabet, Google’s parent company, anticipates its capex to double this year.
The infrastructure these and many other companies need to achieve their artificial intelligence (AI) goals is not cheap.
The following two companies ought to be two of the biggest beneficiaries of the AI spending spree set to happen this year.
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King of the hill
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