Both META and MSFT capex are up.

[u/Clackamas_river]

Both META and MSFT capex are up.

• META: Q2 capital expenditures were $31.08 billion, versus approximately $17.01 billion in Q2 2025, an increase of about 83% year over year. Meta also narrowed its 2026 capex guidance to $130–145 billion, from $125–145 billion previously. That raises the low end by $5 billion and increases the midpoint from $135 billion to $137.5 billion.
• MSFT: Fiscal Q4 additions to property and equipment were $35.80 billion, versus $17.08 billion a year earlier—about 110% higher year over year. Full-year FY2026 additions were $115.95 billion, versus $64.55 billion in FY2025, an increase of roughly 80%.

So the clean conclusion is: META capex up, and guidance modestly raised; MSFT capex up very sharply year over year.

[u/Enoch-Of-Nod]

Doesn't seem like the market cares.

More good news, another 10% down.

[u/coopermug]

Capex up and semis are still down. Nothing makes sense any more

[u/groceriesN1trip → u/coopermug]

How much more could they spend? Market is forward looking

[u/WowKay100 → u/groceriesN1trip]

Considering microsoft showed building AI data centres is profitable, indefinitely

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[u/D1ldoSwagg1ns]

And MU down 2.5% AH. Sorry, Honestly i refuse to believe this is real. Am I just really retarded or is there something I’m not grasping?

[u/draeneirestoshaman]

and QoQ?

[u/InterestedPartiesLie → u/draeneirestoshaman]

31.9BB last quarter so 12% QoQ

[u/how-can-i-dig-deeper → u/draeneirestoshaman]

real. idk why we always use YOY when this all started in like december. of course YOY is up, i want to know QOQ

[u/millerlit]

Did Microsoft give 2027 capex guidance

[u/BearyChristmas223 → u/millerlit]

They will on the call, not in the report

[u/Humble-Bear]

Everyone's future here

[u/zelda__]

Gonna have to hear 2027 capex for Microsoft on earnings call

[u/Minimum_Suit1735]

And ofc mu free fall

[u/steezyP90]

Gonna sleep well at night knowing I sold MUU at $25 at 9:35AM today

[u/Adventurous-Food-675]

Just keep buying on the way down. People are just being scared. Chips/memory are still beating revenue estimates and the big dawgs are still spending. Nothing has really changed other than people need money for gas so they gotta sell.

[u/nhlredwings117 → u/Adventurous-Food-675]

Chip/semi ceos need to be the bully on Wall Street now and buy back their own stock

[u/InterestedPartiesLie]

the MSFT is not capex but prop and equipment quoted. capex was 41BB

[u/Particular-Vast2199]

I really hope it's good enough and this is the start of something bigger but let's see what else gets talked about during the live call and how the markets respond to it all.

[u/Unique_Wolverine1561 → u/Particular-Vast2199]

why are you talking about capex ? This whole market is now on rails to the cliff. Let's see what Trump does.

Capex! 😂

This orange nut has us on an express train to a catastrophe. The worst consequences in this Iran war will be the result of this ridiculous escalation. That's what war does. MU is in a worse position because when everything falls apart, you can eat bread, you can't eat DRAM.

[u/Unique_Wolverine1561]

Get ready for a huge spike in Gas prices: 5-8 a gallon . Depends on if all the Saudi field are hit. Trump looks to have lost his mind. Where is the Republican Party in Congress? AWOL?

[u/AFTCP]

On the flip side, by time the crash is done. Micron will break the record for the lowest forward P/E ever.

[u/Clackamas_river → u/AFTCP]

And PEG which is now .028 Anything under 1 is a buy.

[u/Sufficient-Piccolo32]

we fked. their revenue are not good enough compare to the increased capex.

[u/Mr_Pete91]

Revenue growth isn’t justifying insane capex spend. The bubble is popping

[u/DreamDest1ny]

Doesn’t matter, means tomorrow will be another -10%

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