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Morgan Stanley gives Google stock investors reason to rethink AI spending
Key takeaways
- For some context, the tech giant had already bumped its full-year 2026 capex guidance to $180 billion to $190 billion, saying demand for AI compute is “unprecedented.”
- At the same time, 2027 capex is expected to rise significantly from 2026, according to its Q1 earnings filing.
- Morgan Stanley’s latest note changes the frame.
Morgan Stanley gives Google stock investors reason to rethink AI spending Moz Farooque Mon, June 22, 2026 at 12:33 AM GMT+7 4 min read GOOG MS SPCX Google stock investors were, for the most part, bracing for another AI spending headache.
For some context, the tech giant had already bumped its full-year 2026 capex guidance to $180 billion to $190 billion, saying demand for AI compute is “unprecedented.”
At the same time, 2027 capex is expected to rise significantly from 2026, according to its Q1 earnings filing.
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