Azure/AWS is cloud/B2B, AAPL/FB are B2C consumer goods/services. Different customers, different industries. There is some overlap, but moat is in other places.

Azure/AWS is cloud/B2B, AAPL/FB are B2C consumer goods/services. Different customers, different industries. There is some overlap, but moat is in other places. AMD/NVIDIA are in same business as Intel and have same pool of customers.