# Meta Platforms said it expects to spend more on artificial-intelligence data centers this year than it had previously forecast.

*semiconductor · news · 2026-04-29 · MarketScreener*

## Key points

- Meta Platforms raised its 2024 forecast for AI data center spending.
- Qualcomm announced plans to enter the data-center market for the first time.
- Alphabet reported an 81% year-over-year increase in first-quarter profit.
- Amazon Web Services achieved 28% growth this quarter driven by AI adoption.

**Companies:** Meta Platforms, Alphabet, Amazon.com, Qualcomm
**Countries:** United States

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