Vicor’s Massachusetts line is running out of room, so the power module maker went shopping in the next state over. The company has bought two parcels in New Hampshire to host additional ChiP fabrication plants.
One purchase is a 334,000-square-foot building set on 66 acres in Merrimack. The other covers 54 acres in Hooksett.
Those sites will carry the build-out of ChiP Fab-2 and Fab-3. Combined, the company expects a footprint approaching one million square feet.
Fab-1 in Andover, Massachusetts, spans 320,000 square feet and is close to its limit, which is what set off the search.
Vicor expects a one-year lead time before Fab-2 begins initial deployment.
The company says the extra capacity gives equipment makers and hyperscalers room to grow while buying from the United States. Domestic sourcing has become a stronger selling point as supply chain disruptions keep buyers asking where a part is actually made.
ChiP stands for converter housed in package, Vicor’s module format, and the expansion is aimed at the dense power delivery that AI racks now require.
Wall Street treated the purchase as a demand signal.
Investors rewarded the move, pushing the stock up almost 11 percent. Shares were trading near $197.50 on Nasdaq.
Power delivery has become a constraint on data center construction as accelerator racks reach for higher voltages and currents, which rewards suppliers able to add domestic capacity.