Vicor Stock Climbs with Backlog Up 145%, More Capacity Coming

Vicor Corp (NASDAQ:VICR), a power technology company, shares jumped on Friday after the company unveiled plans to expand its U.S. manufacturing capacity.

The gain outpaced broader market strength, with the Industrials sector up 0.99% and the S&P 500 rising 1.00%.

• Vicor shares are climbing with conviction. Why are VICR shares rallying?

Vicor Expands Capacity as Fab-1 Nears Limit

Vicor is acquiring a 334,000-square-foot building on 66 acres in Merrimack, New Hampshire, plus 54 acres in Hooksett.

The sites will support ChiP Fab-2 and Fab-3, with a combined footprint of nearly one million square feet.

The expansion will add capacity beyond Vicor’s 320,000-square-foot ChiP Fab-1 in Andover, Massachusetts, which is nearing full utilization. ChiP Fab-2 has a one-year lead time to initial deployment.

Vicor entered the expansion with a growing backlog. Second-quarter backlog reached $380 million, up 26% sequentially and 145% from a year earlier.

Cash and cash equivalents increased 12.2% sequentially to about $453.6 million as of June 30.

Expansion Targets AI Demand

Vicor said the added capacity will help support OEMs and hyperscalers while increasing U.S.-based sourcing.

The company said its Vertical Power Delivery technology is designed for advanced AI applications constrained by multi-phase and integrated voltage regulators.

Vicor expects its licensing model and broader ChiP fab network to improve supply predictability for the AI hardware ecosystem.

The expansion comes as power infrastructure emerges as a key constraint on AI data-center growth.

Broadcom CEO Hock Tan recently said electricity availability, transformers, and data-center readiness could limit how quickly AI capacity comes online.

VICR Technical Setup: Momentum Improves, Resistance Looms

Friday’s rally is improving VICR’s short-term setup, though shares remain below key moving averages. The stock trades 2.7% below its 20-day SMA and 11.3% below its 50-day SMA.

VICR also remains 3% below its 200-day SMA and 24.8% below its 100-day SMA, leaving significant overhead resistance.

MACD is above its signal line with a positive histogram, indicating easing selling pressure. However, the 20-day SMA remains below the 50-day SMA, keeping the near-term trend bearish.

• Resistance: $232.50, a nearby rebound hurdle.
• Support: $178.50, where buyers previously stepped in. A break below could weaken the recovery.

What Vicor Does

Vicor develops modular components and systems for converting and managing electrical power. Its portfolio includes power converters, integrated circuits, filters, input modules and configurable power systems.

VICR Stock Price Today

VICR Stock Price Activity: Vicor shares were up 10.84% at $197.36 at the time of publication on Friday, according to Benzinga Pro data.