NEW YORK, January 2, 2026, 13:41 ET — Regular session
Vicor Corp shares rose 7.5% to $117.85 in early afternoon trading on Friday, in a sharp move for the Nasdaq-listed power-module maker. Trading was light, with about 33,231 shares changing hands by mid-day, MarketBeat data showed. MarketBeat
The move puts Vicor back on traders’ screens at the start of 2026, when thin post-holiday liquidity can exaggerate swings in smaller chip-related names.
The broader backdrop was supportive for semiconductors even as U.S. stocks were largely muted. The Philadelphia SE Semiconductor index was up 3.4%, Reuters reported, as investors sized up the outlook for interest rates and next week’s labor-market data.
“The next Fed Chair is probably going to be much more dovish than Jerome Powell,” said Dennis Dick, chief market strategist at Stock Trader Network.
Vicor designs modular power components that help customers convert and deliver electricity more efficiently, including systems built around 48-volt power delivery networks used in high-performance computing setups.
The stock has traded between $110.08 and $120.53 on Friday, close to the top of its 52-week range, according to Investing.com. Investing.com also lists Vicor’s next earnings date as Feb. 19 and shows analysts’ average price target at $93.75, with estimates ranging from $80 to $115.
With shares trading above the high end of those targets, investors are likely to look for a clean follow-through in the next results update, rather than a one-day momentum move.
That puts extra focus on near-term signposts such as demand commentary, margins and whether customers are expanding designs that use Vicor’s higher-density power modules.
Another date on the calendar is Jan. 8, when the U.S. Court of Appeals for the Federal Circuit’s January argument schedule lists “SynQor, Inc. v. Vicor Corporation” for oral argument.
Oral arguments are public appeal hearings where judges question both sides; decisions can arrive weeks or months later, but the headlines can still influence sentiment when a stock is already near technical highs.