I strongly believe that $META has just openly accepted defeat. Literally NO ONE I know uses META AI. Big corporates/Uni students all use ChatGPT, Claude, Anthropic or Gemini.
I’m just surprised the market is rewarding Zuck for his incompetence yet again. First, the failure of building out the Metaverse and now again with META AI. Also, if you look at the sentiment of the company internally on Glassdoor, it’s completely fucked.
Anyways, this is just temporary noise and you should be long on memory and semis.