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Zscaler Increases CapEx: Can AI-Led Demand Justify Higher Spending?
Zscaler, Inc. ZS is preparing for higher capital expenditures as the rapid adoption of artificial intelligence (AI) creates new cybersecurity demands. The company needs to expand its infrastructure to handle increasing data volumes and secure AI workloads, but the added spending could pressure free cash flow in the near term. Management previously indicated that fiscal 2026 capital expenditures …