The projected combined total over the next 12 months would be more than triple the companies’ free cash flow from two years ago, underscoring the scale of the chip sector’s earnings surge.
Nvidia, Micron, Broadcom and Applied Materials are reportedly on track to produce a combined record $430 billion in free cash flow over the next 12 months. The projected figure is more than triple their combined free cash flow from two years ago, pointing to a sharp expansion in cash generation across major semiconductor companies as demand for computing infrastructure remains strong.