Meta Raises 2026 Capital Expenditure Floor to $135 Billion for AI Growth

Key Facts

1Meta raised the lower end of its 2026 capital expenditure forecast to $135 billion, while maintaining the upper end at $145 billion.

Meta Platforms raised the lower end of its 2026 capital expenditure forecast to $135 billion, while maintaining the upper end of the range at $145 billion. Proactive Investors reported that the company is accelerating its transition into AI-driven services, requiring significant investments in hardware, chips, and data center infrastructure. The updated guidance signals Meta's commitment to maintaining its competitive edge despite recent legal charges.

META closed at $697.52 on October 21, 2026, after trading between a session low of $689.68 and a high of $713.22. Among its technology peers, MSFT closed at $532.95, while AAPL and GOOGL finished the October 21, 2026, session at $343.99 and $334.76 respectively. The massive capital commitment highlights the ongoing race among Big Tech firms to fund AI infrastructure and standalone products.