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Vicor’s revenue and margin jump as backlog passes $400 million

Vicor ($VICR) reported quarterly product and royalty revenue of $197.1 million, up 78.5% year on year and 37.5% sequentially. Gross margin reached 68.3%, compared with 57.5% a year earlier and 58% in the preceding quarter. Net income rose to $63.3 million, or $1.33 per share, from $28.3 million and $0.63 a year earlier. Operating cash flow was $69.7 million. Cash totaled $513.1 million and backlog reached $406 million, up 166%. Operating expenses of $62.5 million included contingent intellectual

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Vicor licenses vertical power-delivery patents to another AI hardware customer

Vicor ($VICR) granted a non-exclusive license covering vertical power delivery to a new AI equipment manufacturer. The license allows the unnamed customer to procure modules covered by Vicor patents from suppliers that do not themselves hold a license. The technology addresses the high-current, low-voltage power requirements of advanced AI computing and networking processors. Vicor’s licensing model permits customers to use multiple sources, including Vicor-manufactured components. The company s

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Vicor announces site purchases for power-component capacity expansion

Vicor ($VICR) is purchasing a 334,000-square-foot building on 66 acres in Merrimack, New Hampshire, alongside a separate 54-acre site in Hooksett. The locations are intended to support two additional ChiP fabrication facilities with a combined footprint approaching one million square feet. The company said its existing 320,000-square-foot Andover facility is nearing capacity. Initial deployment at the second fabrication facility is expected in about a year. The expansion supports Vicor’s power-c

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