Vicor Q2 backlog rises on product sales, AI-patent royalties

Vicor reported a Q2 backlog of $380M, up 26% QoQ and 145% YoY, attributing growth to product sales and VPD patent royalties tied to AI accelerators and power management. The company also expanded capacity with new Merrimack and Hooksett sites for ChiP Fab-2 and Fab-3.