Which companies discussed AI CapEx in earnings calls?
3,700 companies mentioned ai capex across 6,642 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 | 784 |
| 2024Q4 | 971 |
| 2025Q1 | 1,302 |
| 2025Q2 | 879 |
| 2025Q3 | 1,265 |
| 2025Q4 | 1,494 |
| 2026Q1 | 2,045 |
| 2026Q2 | 1,645 |
| 2026Q3 | 443 |
Companies ranked by mentions
Representative quotes
…increased backlog and strong orders as we exited the quarter, including city events and our Smart Care business, which includes Vocera and Care AI. Vascular U.S. organic sales declined 6.7% from a year earlier due to the operational disruption in peripheral vascular that Kevin discussed in his remarks…
…displace legacy incumbents and seize market leadership. In the current economic landscape, market leadership is transitioning at a record pace due to -- rapid AI adoption. Legacy corporations are frequently losing ground to leaner technology native competitors," I believe it is taking the investment community time to understand…
…client ordering patterns. The focus going forward is to move the operation to digital pathology so we can both use and develop new AI tools to improve efficiency and quality. I would like to congratulate the operation teams on both sides for doing such an excellent job. These…
…comes from the line of Steve Fleishman with Wolfe Research. Steven Fleishman (Analysts): So just -- could you just remind in Georgia for open AI and other customers who maybe aren't investment-grade credits or strong investment grade, how did the tariffs work from a credit standpoint [indiscernible…
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 (239)
- Industrials (83)
- Communication Services (51)
- Real Estate (36)
- Materials (16)
- Financials (12)
Related technology themes
Last updated: July 31, 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.