Jensen Huang Won't Regularly Update Nvidia's $500B AI Visibility, But CFO Says Figure Has 'Definitely Gotten Larger' As Customers Rush To Rubin

Core Viewpoint - Nvidia's CEO Jensen Huang maintains a $500 billion AI demand outlook, indicating that this figure will not be revised quarterly despite ongoing developments that may enhance expectations [1][2]. Group 1: Demand Outlook - The $500 billion figure reflects Nvidia's visibility into AI-related demand through 2025 and 2026, with potential for upside due to new developments [2][3]. - Nvidia's CFO Colette Kress confirmed that the $500 billion visibility has increased since the company's GTC conference in October, indicating growing demand [4][5]. Group 2: Customer Base and Orders - Major cloud service providers, AI model developers, and neoclouds are already placing orders for Nvidia's next-generation platforms, suggesting strong pre-launch demand [5]. - Orders for the Vera Rubin chips are being planned as customers prepare for full-year volumes, further solidifying the demand outlook [4][5]. Group 3: Drivers of Demand - The rise of open-source AI models, such as DeepSeek, Qwen, and Meta's Llama, is driving demand, with these models generating approximately one in four tokens [6].