Vicor (VICR) Q3 FY26 earnings call

Vicor delivered a strong quarter, driven by significant growth in Advanced Products and a surge in royalty revenue from new licensing agreements. The company is actively expanding manufacturing capacity with new fab sites to meet robust demand, particularly for its second-generation VPD technology in AI applications, while navigating the lumpiness of initial royalty payments. Management is focused on scaling production and monetizing its IP portfolio.