Google-parent Alphabet's $190 billion capex plan has a 'warning' for Nvidia

Key points

• Alphabet may reduce reliance on third-party chips TPU 8t (Training) TPU 8i (Inference) Other key numbers that Sundar Pichai shared Sundar Pichai, at Google I/O 2026, reiterated the company’s aggressive plan to spend close to $200 billion in AI infrastructure, signaling the company’s push in the semiconductor segment.
• This massive budget represents a si fold increase from the $31 billion the company spent in 2022. While a significant portion of this capital will fund AI data centers and model training, Pichai issued what appears to be a direct warning to dominant chip suppliers like Nvidia by emphasising Google's self-reliance.“It’s incredible to see the pace of innovation rolling out across our products.
• Supporting all of this scale for our users, while also serving enterprises and developers around the world, requires massive investments in infrastructure,” Pichai said at the developer conference, announcing that Alphabet expects its infrastructure spending to reach approximately $190...