Vicor Raises Q3 Outlook to Over 20% Growth After VPD License
Vicor lifts Q3 sales growth guidance from nearly 10% to more than 20% after royalties from a new non-exclusive Vertical Power Delivery license.
Vicor lifts Q3 sales growth guidance from nearly 10% to more than 20% after royalties from a new non-exclusive Vertical Power Delivery license.
Vicor licensed its VPD technology to a leading AI hardware maker, giving the OEM multi-source access to patented power modules.
Wolfspeed and Navitas shares rise after Vicor boosts guidance and Huawei unveils its LogicFolding chip design, triggering a rally in Chinese semiconductor stocks like SMIC.
Wolfspeed shares jumped after a report said AI demand boosts its power chips. Other chip stocks also rose sharply.
Vicor jumps 29% after strong earnings and AI-driven demand for its power systems. Analysts upgrade the stock to Buy with a $90 price target.