Post
Umar Hayat Anjum
#MetaQ3AISpendingOutlook
*Expectations:* Revenue ~ *$63.3B - $63.4B*, up ∼24% YoY, EPS around $6.58 / $6.76. Q2 revenue was $60.8B, up 28% YoY as your screen shows.
- *The big story is AI spending:* Capex is expected to more than double to *∼$39.7B - $41.68B* for just this quarter, vs $18.8B a year earlier. Full-year capex guidance is up to ∼$145B.
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