Big Tech’s Physical Assets Hit $1.46T After a 140% Surge

Why it matters: Nikkei Asia reports the four U.S. tech giants now hold $1.46 trillion in property, plant and equipment—up 140% in three years—as AI data-center buildouts turn former asset-light firms into infrastructure giants. Amazon alone accounts for $538.7 billion, nearly matching the group’s entire PP&E from three years ago.