On September 17, Vicor rose 10.22% overnight, trading at $202.70/share, with turnover of $12,400.
The move was driven by the announcement that Vicor has granted a non-exclusive license to a new OEM licensee with the right to procure Vertical Power Delivery (VPD) modules covered by Vicor patents. The licensing deal targets a leading AI original equipment manufacturer, underscoring growing commercial traction for Vicor's proprietary power delivery technology in high-performance AI computing applications.
The licensing news arrives as Vicor has been actively expanding its production footprint. On September 11, the company announced the purchase of a 334,000-square-foot building in Merrimack, New Hampshire, and a 54-acre parcel in Hooksett to construct two new fabrication plants totaling nearly one million square feet, with ChiP Fab-2 expected to have a one-year deployment lead time. That announcement initially drove shares up over 10%, followed by a roughly 9% pullback on September 14 amid sector-wide weakness and profit-taking. The company also approved a $150 million share buyback program in late August, reflecting management confidence in the stock.
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