Vicor is trading 10.92% up in pre-market at $203.99 after announcing on September 16, 2026, a non-exclusive license allowing an unnamed AI OEM to procure patented Vertical Power Delivery modules from unlicensed suppliers.

  • The agreement could expand royalty revenue and validates Vicor’s technology for high-performance AI processors.
  • Shares also retain momentum from the September 11 manufacturing-expansion announcement.
  • The move is company-specific despite a generally firmer pre-market market backdrop. Financial terms, purchase volumes, and the OEM’s identity were not disclosed, limiting visibility into the deal’s immediate financial impact.