This chart plots 2026E CapEx vs Free Cash Flow for QQQ’s top 20 holdings!!

This chart plots 2026E CapEx vs Free Cash Flow for QQQ’s top 20 holdings!!

”AMZN is expected to spend $188B in CapEx and burn cash.

GOOGL and META are close behind at $181B and $123B.

Meanwhile, AAPL generates $138B in FCF on just $13B of CapEx. NVDA prints $96B on $6B.

AVGO does $48B on under $1B.”

Source:

https://x.com/theTIKR/status/2029905701502378338?s=20