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Capital expenditures are the funds used to acquire or upgrade a company's fixed assets, such as expenditures towards property, plant, or equipment (PP&E). [3] In the case when a capital expenditure constitutes a major financial decision for a company, the expenditure must be formalized at an annual shareholders meeting or a special meeting of the Board of Directors.
Under the U.S. tax code, businesses expenditures can be deducted from the total taxable income when filing income taxes if a taxpayer can show the funds were used for business-related activities, [1] not personal [2] or capital expenses (i.e., long-term, tangible assets, such as property). [3]
An operating expense (opex) [a] is an ongoing cost for running a product, business, or system. [1] Its counterpart, a capital expenditure (capex), is the cost of developing or providing non-consumable parts for the product or system.
But that's a shift from capex to opex. And we're basically avoiding, quite frankly, about a $0.5 billion investment in data centers in the coming years by that shift.
With respect to capex, our reported capex in the fourth quarter was $14 billion, primarily reflecting investments in our technical infrastructure, with the largest component being investment in ...
Micron lifts 2024 capex forecast on rising investment in AI-related chips. May 21, 2024 at 10:58 AM (Reuters) - Micron Technology on Tuesday slightly raised its capital expenditure forecast for ...
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