Alphabet Says Its AI Spending Will Keep Rising. 2 Data Center Stocks to Buy and Hold Through 2030.

Alphabet disclosed that its AI investment will continue to increase, while a recent financial snapshot showed free‑cash flow for the past 12 months dropping 73% to $19.7 billion. The company said the AI spend will keep rising as it scales infrastructure, creating a stark contrast between expanding AI budgets and shrinking cash generation. The rise in spending is linked to a push for Nvidia‑based chips that have boosted cloud sales, according to ET Manufacturing, and a broader effort to expand cloud capacity that now outpaces Microsoft, as reported by Channel Dive.

The Motley Fool highlighted the move as a catalyst for recommending two data‑center stocks through 2030, noting that investors have been pointed to specific equities expected to benefit from the prolonged capex cycle. The push for Nvidia chips is described as a catalyst that not only lifts cloud revenue but also strains cash flow, a dynamic noted across the coverage. Yahoo Finance framed the spending surge as a potential problem, noting the CFO’s concise disclosure but offering no detailed projection.

No details were given on the proportion of AI spend relative to overall capex, leaving investors to await further guidance.