Sourced ranking of the AI infrastructure build-out

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AI CapEx Tracker — Hyperscaler Infrastructure Spend

Infrastructure spending dashboard<br>AI CapEx Tracker<br>The sourced ranking of the AI infrastructure build-out — combined and AI-attributed capital expenditure for 45 public companies across 8 sectors, with cited figures on every name.<br>Prices updated Jul 17, 2026, 10:00 PM UTC

Combined capex tracked<br>$941.5B<br>Across 45 companies

AI-attributed spend (est.)<br>$399.5B<br>42.4% of tracked capex

Top spender<br>GOOGL<br>$185.0B

Companies tracked<br>45<br>8 sectors

Top 15 by capital expenditure<br>View all 45 companies →<br>#CompanyCapexAI capex (est.)Market capDay Δ1GOOGLAlphabet Inc.

$185.0B$130.0B$4.19T-2.2%2AMZNAmazon.com, Inc.

$130.0B$90.0B$2.69T-2.0%3BABAAlibaba Group Holding Limited

$126.9B—$281.6B-0.2%4MSFTMicrosoft Corporation

$110.0B$80.0B$2.93T-1.8%5METAMeta Platforms, Inc.

$80.0B$64.0B$1.64T-2.8%6ORCLOracle Corporation

$55.7B—$364.3B+1.8%7TSMTaiwan Semiconductor Manufacturing Company Limited

$45.0B—$2.07T-2.8%8TAT&T Inc.

$20.8B—$151.4B-0.8%9AAPLApple Inc.

$20.0B$4.0B$4.90T+0.1%10CRWVCoreWeave, Inc. Class A Common Stock

$20.0B$20.0B$39.9B+0.4%11VZVerizon Communications Inc.

$17.0B—$182.0B-0.7%12MUMicron Technology, Inc.

$15.9B—$958.8B-0.5%13INTCIntel Corp.

$14.6B—$477.7B-2.0%14DDominion Energy, Inc.

$12.6B—$62.5B-0.9%15TCEHYTencent Holdings Limited

$12.0B$8.0B$533.4B-3.4%

By sector<br>🖥️Hyperscalers<br>Cloud & big-tech buyers<br>$580.7B<br>6 companies<br>🇨🇳Chinese Tech<br>China's AI buildout<br>$147.9B<br>4 companies<br>🔬Semiconductors<br>Chips & fab equipment<br>$88.9B<br>12 companies<br>📡Telco<br>Network infrastructure<br>$47.8B<br>3 companies<br>⚡AI Power & Energy<br>Powering the data centers<br>$29.9B<br>6 companies<br>🏢Data Centers<br>REITs & neoclouds<br>$28.4B<br>4 companies<br>🧩Software & Other<br>Apps & adjacent AI plays<br>$10.0B<br>3 companies<br>🔌Hardware & Networking<br>Servers, switches, power & cooling<br>$7.9B<br>7 companies

Hyperscaler capex trend

GOOGLAMZNMSFTMETAORCLAAPL

AI vs. other (FY2026)

Methodology: total capex reflects reported cash-flow actuals where available and forward estimates aligned to earnings guidance and analyst consensus otherwise. AI-attributed figures are editorial estimates of the AI / data-center share and are not a reported line item. Every figure links to a source on its company page. Estimates are subject to change.

companies capex infrastructure attributed tracked limited

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