Weekend focus turns to Meta hardware, custom chips and memory costs

U.S. markets were closed for the weekend, leaving QQQ and SPY at Friday's closing levels. Meta delayed its Phoenix mixed-reality glasses to 2027 and acquired AI-wearables startup Limitless. Microsoft was reported to be discussing custom chips with Broadcom, while Apple chip chief Johny Srouji was reportedly considering leaving. DDR4x spot prices had risen more than fourfold year to date, and PC makers were considering price increases of up to 20% as memory and storage costs climbed.