Hyperscaler FCF is expected to more than double in the coming years. What are the conse…

the pain can't stay contained, it spreads to chips, power, data centers and the S&P 500 as a whole

the projected free cash flow surge slips later while committed capex and heavy depreciation hit on schedule, squeezing margins and marking down the forecast in the first chart

a slower payoff wouldn't just be a sector problem, it would risk tipping the economy into recession and the S&P 500 into a correction