Vicor Corp raised its Q3 growth guidance from about 10% to over 20% sequentially, citing royalties from a non-exclusive Vertical Power Delivery license. The update came after Monday's market close, and VICR traded up about 11% pre-market to $249. If royalty revenue persists, VICR could sustain near-term upside into the next quarter.
Vicor boosted its Q3 growth guidance to more than 20% sequentially from about 10%, driven by royalties from a non-exclusive Vertical Power Delivery license. The deal, plus an AI-related OEM licensee, broadens Vicor's addressable market and could lift near-term revenue, supporting a positive after-hours stock reaction.
Vicor announced a major U.S. capacity expansion, acquiring new sites in Merrimack, NH and Hooksett to support ChiP Fab-2 and Fab-3. With Q2 backlog at $380 million and cash around $453.6 million, the company aims to capitalize on AI demand through its Vertical Power Delivery tech and broader ChiP fab network, potentially improving supply predictability for AI hardware ecosystems.