Probably not in the 32-bit version. You’ve got over 541,000 lines of translated code, and c is running out of memory to compile.
My guess is you have too many complex PRINT statements in your code, and you need to restructure it to reduce translated line count. I’ve talked about it several times in the past: PRINT is a real piece of work in translating QB64-code into c-code. Minimize its use, as much as possible.