Which companies discussed AI CapEx in earnings calls?
3,689 companies mentioned ai capex across 6,608 earnings calls over the past year, spanning 11 sectors. The most active were Arista Networks, Inc. (16 calls), Intel Corporation (13 calls), Rockwell Automation, Inc. (13 calls). The table below ranks every company by how often the theme came up, with direct links to each transcript.
Mentions over time
Data table
| Quarter | Calls mentioning AI CapEx |
|---|---|
| 2024Q3 | 726 |
| 2024Q4 | 971 |
| 2025Q1 | 1,302 |
| 2025Q2 | 879 |
| 2025Q3 | 1,265 |
| 2025Q4 | 1,494 |
| 2026Q1 | 2,045 |
| 2026Q2 | 1,645 |
| 2026Q3 | 517 |
Companies ranked by mentions
Representative quotes
…first half following the seasonality we have seen in prior years remain consistent with our annual plan and marked the lowest first half CapEx levels since the expansion project was announced. As we move beyond the peak of the expansion cycle, every peso invested must support network quality…
Sanabria with BMO Capital Markets. Juan Sanabria (Analysts): Congrats on the quarter. Just hoping you could spend a little bit of time on CapEx? Have a nice trend in the quarter and year-to-date both in terms of maintenance and R&M and turn costs. Just hoping…
California assets, combined with our 2026 new acquisitions, further reduces our average age by 1 year. In addition, we expect our future recurring CapEx spend per unit to decline by 5% and our bad debt to be reduced by 10 basis points after the sale. At the beginning…
…delivered also 6 months early. We continue to capture strong capital efficiencies in U.S. shale and tight, and expect to spend 25% less CapEx per barrel of oil equivalent in 2026 compared to last year. And we strengthened our balance sheet. to underpin long-term investments to deliver…
Frequently asked questions
What is AI CapEx and why are companies discussing it?
Capital-expenditure commitments tied specifically to AI infrastructure — hyperscaler spend, factory modernization, vertical platforms.
Which company mentioned ai capex most in the past year?
Arista Networks, Inc. (ANET) led with 16 calls referencing ai capex, most recently on June 3, 2026.
How can I track ai capex mentions across earnings calls via API?
The EarningsCalls.dev REST API exposes the same data behind this page. Use the search_transcripts and count_mentions_by_ticker endpoints to query our archive of 33,000+ earnings call transcripts — keyword search, sector / date filters, per-company mention counts, and the underlying full transcripts. See the API docs →
AI CapEx by sector
- Information Technology (233)
- Industrials (84)
- Communication Services (50)
- Real Estate (36)
- Materials (16)
- Financials (12)
Related technology themes
Last updated: August 1, 2026. Methodology: full-text search across all earnings call transcripts in our corpus over the past 12 months, matching the canonical term and its aliases (AI CapEx, ai capex, AI capital expenditure, ai investment). Mentions are per call, not per occurrence within a call; the company-rank table is built by counting distinct calls mentioning the theme. Page refreshes every hour at the edge as new calls land in our archive.