You could never even use half of that output unless your truck is so modified as to be unrecognizable...
No, not for stereos, unless you are some kind of world champ. Not for exterior LED lights. Welding maybe? If your dash is "flickering" that has noting to do with your alternator, more likely a bad cluster.
When you're tying to make so much power, drop 12v and go with a 24v or 48v system. (My truck has a full 48v electrical system) 12v at ridiculous amperage is incredibly inefficient and hard to make use of. It also increases risk of fire. My truck does not have an alternator, it has a 200A solid state 48v>14v converter to be my "alternator" and 10KW of lithium batteries onboard.
I can also power my entire house with the truck when the power is out.