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Purchase and Contract Commitments, Stock ($B)
Purchase and Contract Commitments, Stock ($B)#
Purchase and contract commitments keep piling up: GPUs, take-or-pay power contracts and cloud capacity.Draft, pending review
How to read this chart
Includes GPUs, take-or-pay power contracts and cloud capacity; Google switched to a new combined definition from 1Q26.
Source: FinSight compilation and estimates · Updated 2026-09-03
↩ This chart lives on the pages2-capex-csp-04