Oct. 22 at 7:51 PM
Vicor shares surged 27% to
$82.64 after reporting strong quarterly results and receiving analyst upgrades tied to its growing role in AI infrastructure. The company, which designs power systems and licenses related IP, said it expects licensing revenue to rise from
$90 million to
$200 million annually within two years as hyperscalers and chipmakers adopt its next-generation power-delivery technology.
Third-quarter net income climbed to
$28.3 million from
$11.6 million a year earlier, while revenue increased to
$110.4 million from
$93.2 million, boosted by product sales and IP royalties.
Analysts at Needham and Craig-Hallum both upgraded the stock to Buy and raised price targets to
$90, highlighting Vicor’s expanding partnerships in AI data centers and its solid licensing growth outlook.
$VICR