Live Eventsas a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now! The firm expects big tech companies to spend 61% of their cash flow on capex this year, compared with 46% in 2025. It added that the proportion allocated for buybacks and dividends may fall to 16% and 5% in 2026 from 22% and 6% in 2025, respectively.As a result, HSBC expects these big tech companies to post revenue of $2.8 trillion in 2026, compared with $2.3 trillion in 2025. Nvidia will be the fastest grower, according to the firm, contributing 33% of the group’s growth in absolute terms. “The other key contributors to Tech-7 revenue growth in 2026e are Alphabet, accounting for 16.5% of Tech-7 absolute revenue growth in 2026e, and Amazon (15.9%).

Source: Economic Times March 26, 2026 11:26 UTC