The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Chips

Capital · available

across 8 members — open each for the figure + sources

about Chips

aggregate of member nodes

Aggregate of 8 member claims — each member's sourced figures are below.


the working

Basis

aggregate of member nodes

Member claims 8

This is an aggregate — its evidence is the members' own claims.

  • Nvidia ~$80.6B readily-liquid (cash $13.2B + marketable securities $67.3B); ~$200-300B …
  • Broadcom ~$19.6B cash (Q2 FY26, ended May 3 2026); but net debt ~-$45.3B (VMware) pre-commits most …
  • SK Hynix ~$28-29B readily-liquid (cash 21.17T KRW + ST inv 18.25T KRW = 39.42T KRW / ~1,380); net …
  • Micron ~$26.0B cash+STI (Q3 FY26, ended May 28 2026; cash $25.0B + ST inv $1.0B); net cash …
  • CXMT ~$8.5B fresh IPO proceeds (up to ~$9.8B with 15% overallotment); + state 'Big Fund' …
  • AMD ~$12.3B cash+STI (Q1 2026, ended Mar 31 2026; cash $5.6B + ST inv $6.8B); net cash ~$8.5B …
  • Qualcomm ~$9.8B cash+STI (Q2 FY26, ended Mar 29 2026; cash $5.4B + ST inv $4.4B); net debt ~-$5.5B …
  • Arm ~$3.6B cash+STI (Q4 FY26, ended Mar 31 2026; cash $2.75B + ST inv $0.85B); net cash ~$3.2B …

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A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Chips.