Meta lifts 2026 capex forecast to $135 billion-$145 billion
In short
Meta said it now expects 2026 capital spending of $135 billion to $145 billion as it speeds up its AI push. It also said it plans new non-voting shares and reported stronger revenue.
Investors are focused on the bigger spending plan and what it means for future growth. The report does not give the exact revenue number or the full details of the share issue.
What the reporting says
Meta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-voting shares. The publisher-supplied summary says the company also reported stronger revenue, while facing mounting legal challenges and intensifying competition. The immediate implication is higher expected spending, but the reporting does not state the share issue details or the exact revenue figures.
Why it matters
Meta raised its 2026 capex outlook to $135 billion-$145 billion to speed up AI expansion and said it plans non-voting shares. The move affects Meta investors because it points to heavier spending ahead, even as the company reported stronger revenue. The source also mentions legal challenges and stronger competition, but it does not provide specifics on those issues or the size of the revenue beat.