Vicor Corporation (NASDAQ: VICR) sits at one of the least glamorous and most critical points in the artificial intelligence supply chain, and almost nobody talks about it. While the market has fixated on the chipmakers, Vicor has been quietly supplying the power modules that keep large AI clusters running.
Almost every conversation about the constraints facing AI eventually lands on power. Grid capacity and the scramble to get electricity to data centers have become a sub-theme of their own, and investors have piled into the obvious beneficiaries.
