Spending on physical assets — property, equipment, infrastructure.
Distinct from operating expenses; capitalized and depreciated over time. High capex can signal growth investment or maintenance burden. AI-era hyperscaler capex (data centers, GPUs) has reached unprecedented scale.
Spending on physical assets — property, equipment, infrastructure. Distinct from operating expenses; capitalized and depreciated over time. High capex can signal growth investment or maintenance burden. AI-era hyperscaler capex (data centers, GPUs) has reached unprecedented scale.
In financial metrics, Capex (Capital Expenditures) is one of the building blocks investors use to compare opportunities and assess risk. Understanding it helps you read research notes, earnings reports, and market commentary without getting lost in jargon.
Distinct from operating expenses; capitalized and depreciated over time. High capex can signal growth investment or maintenance burden.
Key Takeaways * US convertible bond sales reached their highest annual total on record, driven by AI-related capital spending from technology issuers * Technology companies are using convertibles to fund AI infrastructure investment at lower cash coupon costs than straight debt * The record issuance signals strong institutional investor appetite for AI equity upside paired with fixed-income downside protection US convertible bond sales reaching an all-time annual record reflects a structura
Sep 12, 2026
PG Electroplast's return on capital employed has fallen to 14% as ₹400 crore in capacity expansion capex is deployed, with ₹491 crore in cash providing financial flexibility while investors monitor ROCE recovery toward 20%+ as the earnings ramp-up validates the electronics manufacturing ex
Sep 10, 2026
Cerebras Systems (CBRS) saw a 279% surge in capital expenditure, reflecting massive investment in its wafer-scale AI chip infrastructure despite a sky-high price-to-sales valuation that raises sustainability concerns
Sep 5, 2026
HUL will raise capital expenditure to 3% of turnover, a significant step-up from historical spending levels reflecting confidence in India's consumption recovery
Sep 5, 2026
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