2026 CapEx of $20-25B
Company: Nebius
The claim, verbatim
Nebius expects capital expenditures of $20-$25 billion in 2026.
Source (primary)
Nebius: The GPUs Will Come Home To Roost (NASDAQ:NBIS) - Seeking Alpha (-, news_article)
View cached copy (2026-10-13)Live source ↗
Quote: “$20–$25 billion in 2026 CapEx far exceeds current or near-term revenue”
How we checked this
Checked on October 15, 2026. The cited source supports part of this claim, but not all of it.
This Seeking Alpha opinion article states the $20–$25 billion 2026 CapEx figure, but it does not say the expectation comes from Nebius.
Confirmed in the source:
- The article cites a figure of $20–$25 billion in Nebius capital expenditures for 2026.
We could not confirm this from the cited source:
- The article does not say that Nebius itself expects or has guided to $20–$25 billion in 2026 capital expenditures; it presents the figure without attributing it to the company.
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://seekingalpha.com/article/4953679-nebius-the-gpus-will-come-home-to-roost) in full (5,647 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius: The GPUs Will Come Home To Roost (NASDAQ:NBIS) - Seeking Alpha
Quote: “$20–$25 billion in 2026 CapEx far exceeds current or near-term revenue”