Liontrust Bets on Nvidia Suppliers Ahead of Earnings

The video discusses the investment strategy of Liontrust, focusing on Nvidia and its suppliers ahead of earnings. The speaker highlights the importance of purchase commitments as a forward-looking indicator, indicating Nvidia's control over the supply chain. They also discuss the shift in market focus from demand to supply, with high bandwidth memory and optics being key areas. The speaker explains how Nvidia's architectures become more valuable over time due to software optimization. The video also touches on the increasing cost of AI inference and the continued investment by hyperscalers despite burning money.