Empower Semiconductor launched new high-density capacitors designed to help AI processors handle power delivery better. In the market, Credo Technology (CRDO) closed up 9.2% after their PCIe 6.0 retimer achieved PCI-SIG compliance. Tower Semiconductor (TSEM) dropped 7.4%. The larger chip stocks were mostly red, with Nvidia down 0.8%, Micron down 2.7%, and AMD down 1.1%. AMD also announced they hired Ariel Kelman as their new Chief Marketing Officer.