Vicor: Don't Get Off This Ride

Vicor's record Q3 and guidance for roughly 5x capacity by Q2 2027 signal AI power supply demand remains robust, contradicting the sector-wide hardware selloff that drove a 38% drawdown. Revenue up 78.5% YoY and 68.3% gross margin underscore pricing power. The note offers a constructive read-through for AI infrastructure suppliers, though single-stock analyst views carry limited broad market impact.