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Vicor tops Q2 estimates as AI demand drives backlog; shares fall on outlook

Stocks & Finance
Vicor tops Q2 estimates as AI demand drives backlog; shares fall on outlook

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Vicor (VICR) reported second-quarter results that topped Wall Street expectations, as booming demand for power modules used in artificial intelligence infrastructure helped drive higher revenue, earnings and backlog.

Still, investors focused on the stock's sharp run-up this year and sent shares


Source: Seeking Alpha — This article was automatically imported from the source. Read full article at original source →

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Originally published by Seeking Alpha seekingalpha.com
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