“Google Cloud is literally running out of capacity because AI demand is so intense, and Alphabet is doubling its capex from $90B to up to $190B in 2026 to catch up. When supply meets demand, GCP revenue accelerates.”
“AI spend continues to accelerate and hyperscalers are benefitting”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.