Bloomberg Surveillance · Thursday, August 27, 2026
Angelo Zeno explains NVIDIA's strategy of reinvesting free cash flow into the AI ecosystem, noting a projected $300 billion free cash flow run rate next year. This investment helps lower the cost of capital for customers and supports the growth of the AI infrastructure.
“And now it's not just CUDA. It's also the fact that they've got some massive scale. They're generating massive free cash flow. You're looking now at a $200 billion run rate. This time next year, it'll probably be closer to a $300 billion free cash flow run rate.”
“And they're pumping a lot of that right back into the ecosystem. Essentially, what they're trying to do is build out, be a supporter in growing out that AI ecosystem. infrastructure because without them it's going to be nearly impossible to do.”