According to @CNBC, underwater cables are a vital component of the AI buildout and the broader internet, and investment into this infrastructure is booming (source: CNBC). For traders, @CNBC’s report highlights ongoing capex momentum in AI infrastructure that can influence positioning across data infrastructure equities and risk assets tied to the AI theme, reinforcing the durability of the AI buildout trade (source: CNBC).

According to @KobeissiLetter, combined CapEx for Amazon (AMZN), Meta (META), Alphabet (GOOGL), and Microsoft (MSFT) reached a record 112 billion dollars in Q3 2025. The group’s CapEx has doubled since Q1 2024 and tripled since Q2 2023, according to @KobeissiLetter. Amazon raised its 2025 CapEx forecast to 125 billion dollars and expects spending to increase further in 2026, according to @KobeissiLetter. Alphabet now projects full-year 2025 CapEx between 91 and 93 billion dollars, according to @KobeissiLetter. Meta guided CapEx of 70 to 72 billion dollars and expects notably larger spending in 2026, according to @KobeissiLetter. Microsoft sees CapEx growth accelerating in fiscal 2026 after a 45 percent increase last year, suggesting at least 94 billion dollars, according to @KobeissiLetter. The AI infrastructure race is intensifying, establishing a visible multi-year buildout path traders can track for momentum and liquidity cues, according to @KobeissiLetter.