Story
Vicor Shares Jump Over 10% on Plan to Build Two New Chip Fabs in New Hampshire
Shares of Vicor Corporation (NASDAQ:VICR) jumped more than 10% after the power component manufacturer announced plans to significantly expand its production capacity by building two new semiconductor fabrication facilities in New Hampshire.
Expansion Details
Vicor stated it is acquiring two separate sites to support the construction of what it calls ChiP Fab-2 and Fab-3. The company noted that its existing facility, ChiP Fab-1 in Andover, Massachusetts, is approaching full utilization.
The new locations include:
- A 334,000-square-foot building on 66 acres in Merrimack, New Hampshire.
- A separate acquisition of 54 acres in Hooksett, New Hampshire.
AdTogether, the new fabs will have a combined footprint of nearly one million square feet, a substantial increase over the 320,000-square-foot Andover facility. Vicor said it expects an initial deployment lead time of one year for Fab-2.
Strategic Rationale
The expansion is designed to support growing demand from original equipment manufacturers (OEMs) and hyperscalers that require advanced power delivery solutions for artificial intelligence applications. According to the company, the move also addresses customer needs for U.S.-based sourcing and what it termed "Freedom to Operate."
Vicor referenced past instances where some computing systems were banned from importation due to infringing power suppliers, positioning its domestic expansion as a key strategic advantage for its customers. The company designs and manufactures modular power components and systems from its headquarters in Andover, Massachusetts.
Read next
More on Stocks
FTC Orders Walmart, Uber, Delta to Disclose Data on Personalized Pricing
The U.S. Federal Trade Commission is demanding nine major companies, including leading retail, travel, and gig economy firms, to provide information on how they use consumer data for setting individual prices and wages.
Google Launches Gemini 4 Carbon AI Model to Bolster Cybersecurity Capabilities
Alphabet's Google has unveiled Gemini 4 Carbon, its latest AI model specifically designed for advanced cybersecurity tasks like vulnerability detection and secure code generation. The launch escalates competition with rivals OpenAI and Anthropic in the enterprise AI market.
Oracle Shares Surge After Unveiling $225 Billion Revenue Target for 2030
Oracle stock rose sharply after the company presented a long-term financial outlook targeting at least $225 billion in annual revenue by fiscal 2030, driven by its expanding AI infrastructure business.
DOJ Scrutinizes Nvidia's $12.9B Hugging Face Deal Amid Broader Antitrust Probe, Sources Say
The U.S. Department of Justice is reportedly examining Nvidia's planned $12.93 billion acquisition of AI platform Hugging Face as part of a wider, ongoing antitrust investigation into the chipmaker's market conduct.