Vicor is trading at $242.31 (+8.22%) on September 22, 2026, after raising Q3 sequential revenue-growth guidance from nearly 10% to more than 20%, citing royalties from its non-exclusive Vertical Power Delivery licensing program.

  • The licensing arrangement with an AI-equipment OEM creates a new royalty revenue stream.
  • It builds on Vicor’s patented power-delivery technology.
  • Semiconductor strength is supportive, but the outlook upgrade is the primary catalyst.