Welcome to our dedicated page for Vicor news (Ticker: VICR), a resource for investors and traders seeking the latest updates and insights on Vicor stock.
Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power systems based on patented technologies. Its power products serve OEM, ODM, contract-manufacturer, and other users in enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, and aerospace and defense electronics.
Company news centers on quarterly operating results, product and royalty revenue, licensing income, IP licensing for high-density power system technology, and demand across high-performance compute, automatic test equipment, industrial, aerospace, and defense applications. Updates also discuss CHiP manufacturing capacity, Vertical Power Delivery technology, and participation in investor conferences.
Vicor (NASDAQ: VICR) will hold its second quarter 2024 earnings conference call on July 23, 2024, at 5:00 p.m. (Eastern). The call will be hosted by CEO Patrizio Vinciarelli, CFO Jim Schmidt, and Corporate VP Phil Davies. Financial and operational results for Q2 2024 will be released via GlobeNewswire after NASDAQ closes on the same day. Investors and analysts can register with Notified to participate in the Q&A session, while others can listen via a webcast link available on Vicor's Investor Relations page. A webcast replay will also be accessible post-conference.
On June 24, 2024, Vicor (NASDAQ: VICR) secured a preliminary injunction from the United States District Court for the District of Massachusetts. The injunction prevents Foxconn subsidiaries from pursuing arbitration against Vicor before the China International Economic and Trade Arbitration Commission (CIETAC). Foxconn had sought rulings from CIETAC based on fine print in their purchase orders, claiming entitlement to royalty-free licenses for Vicor's patents. These patents are part of a pending investigation with the United States International Trade Commission (ITC), which could result in an exclusion order barring entry of infringing power converter modules and systems into the U.S. This legal win for Vicor could have significant implications for its ongoing patent enforcement efforts and market presence in the U.S.
Vicor (NASDAQ: VICR) announced that the United States Patent and Trademark Office's Patent Trial and Appeal Board (PTAB) denied Delta Electronics' three Inter Partes Review (IPR) petitions challenging the validity of Vicor's patents. Filed in 2023, these patents cover power converter modules used in data centers, AI, and cloud computing systems. Vicor's ITC complaint seeks to protect its patents by barring infringing products from entering the U.S. The PTAB's recent decisions support Vicor's IP rights, bolstering its case for an exclusion order against Delta and its customers.
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