Vicor stock jumped 9.9% as the company raised its Q3 revenue guidance to 20% growth, fueled by new royalty streams from its Vertical Power Delivery licensing program and a $150 million share buyback authorization.
Vicor raised its Q3 2026 revenue outlook to sequential growth of more than 20% from nearly 10%, citing royalty income from VPD licensing, driving shares up nearly 9.9% in premarket trading.
Vicor Corporation shares surged nearly 10% in premarket trading after the company doubled its Q3 2026 sequential revenue growth forecast to over 20%. The upgrade follows successful licensing of its Vertical Power Delivery technology to four major OEMs and hyperscale operators, marking a strategic shift toward recurring royalty income.
The revenue upgrade is primarily driven by new royalty income from licensing agreements for Vicor's patented Vertical Power Delivery (VPD) technology.
Vicor has acquired two sites in New Hampshire to develop its ChiP Fab-2 and Fab-3 facilities, which are expected to nearly triple its current manufacturing capacity.