On September 26, Vicor rose 5.01% in regular trading, trading at $289.27/share, with turnover of $82.2381 million, extending its recent rally.
On the news front, the continued upward momentum is driven by a confluence of positive catalysts. Vicor recently announced a non-exclusive license agreement for its Vertical Power Delivery (VPD) technology to a leading AI OEM, generating royalty income that prompted the company to raise its Q3 sequential revenue growth guidance from approximately 10% to over 20%. Additionally, the company disclosed plans to acquire nearly one million square feet of manufacturing space in New Hampshire to expand chip fabrication capacity for AI power delivery applications, alongside a $150 million share repurchase program approved in late August.
Fundamentally, Vicor's Q2 earnings were notably strong, with EPS of $1.04 significantly beating the consensus estimate of $0.64, revenue reaching $143.4 million, and backlog surging 145% year-over-year, underscoring robust demand from AI computing power infrastructure.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)