Vicor: From Miles To A Few Millimeters Away From AI Accelerators

Bashar Issa 7.69K Followers Follow Summary Vicor Corporation is experiencing a revenue and earnings surge, driven by both product and royalty growth, positioning it as a rising AI supply chain player. Q2'26 revenue jumped 49% YoY to $143.4M, with royalties up 194% and product sales up 32%, reflecting broad-based demand and successful IP enforcement. Backlog soared 145% YoY to $379M, underpinned by robust industrial, aerospace, and high-performance compute demand, with further upside possible from new licensing and VPD products. Expansion initiatives, including facility upgrades and new fabrication planning, signal management's confidence in sustained momentum and a potential inflection in VICR's market position. Igor Paszkiewicz/iStock via Getty Images Investment Thesis Vicor Corporation's ( VICR ) revenue and earnings surge was sudden, and it remains largely unknown to many. It is covered by a small, albeit bullish, group of Wall Street analysts. The company makes power modules that manage the electric currents coming into electric This article was written by Bashar Issa 7.69K Followers Follow Bashar is a financial analyst writing on Seeking Alpha, focused on growth stocks, contrarian setups, and market mispricing. His research looks for companies where consensus is missing a shift in earnings power, competitive positioning, or industry structure. Bashar does not invest personally in the stocks he covers. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.