There's a strange cohort of "meme" stocks that I see in certain male-dominant internet subcultures. Tesla and AMD seems to be at the top of that list.
Yes, I too thought myspace stock was undervalued.
Any potential "Facebook killer" needs to circumvent both of these tactics. Not impossible but not easy either.
The US has a very strong interest in every possible regard to protect Facebook's dominance and to kill or restrain TikTok by forcing it apart from Bytedance or burying it through the app stores.
If it gets separated from Bytedance it's either toast or it ends up in the belly of a US giant (or maybe even Spotify depending on the valuation).
FB on the other hand. Incredible profit growth year after year. Powerful network effects leads them into crushing new markets all the time. Huge profits from their monopolies lets them easily take cool risks. The whole comment about MySpace/social media is exactly what I'm talking about. Males who are nerdy are extremely dismissive of products that are mostly used by women or other people from different milieus. People have a hard time pulling for companies that they don't see succeeding, it's a cognitive error leading to imagination inflation. Know your biases.
Please, keep this thread in mind in 5 years!
Competitive advantage: it has more experience in GPU's than Intel, it is more flexible in terms of fab tech because it doesn't run it's own fabs, it can switch easily to a different fab.
Moat: Seriously? High-end chip design is one of the hardest industries to get into, you think some startup can just enter the market?
Weak brand: It's very well known in the whole world and has no negative associations, I don't even know what you mean with this.
Tesla especially attracts a certain weirdness because there's a large cohort of people who think Elon is full of it and hiding massive fraud and are hellbent on exposing him (using $TSLAQ everywhere).
If you follow earnings season both stocks did extremely well, especially Tesla. Made and broke a lot of people.