GOOGL raised its FY26 capex outlook to $195B-$205B, up from $180B-$190B, as the company pulls forward capacity to keep up with s
GOOGL raised its FY26 capex outlook to $195B–$205B, up from $180B–$190B, as the company pulls forward capacity to keep up with stronger demand. Google said only a small portion of revenue from existing TPU system sales agreements is expected to be recognized in 2026, with most of it flowing through in 2027.