Alphabet, Google's parent company, announced a substantial increase in its fiscal 2026 capital expenditure to between $195 billion and $205 billion, with growth expected to continue into 2027. Morgan Stanley identified eight Taiwanese chipmakers, including TSMC and MediaTek, as primary beneficiaries of this AI investment boom.
Google's record AI infrastructure spending locks in significant demand for advanced chips and packaging, tightening supply for key Taiwanese manufacturers.