UK’s IQE Posts Half-Year Profit on AI Infrastructure Demand

UK's IQE posts half-year profit on AI infrastructure demand

IQE swings to EBITDA profit on AI and defence demand, plans Main Market move

IQE enjoyed a sharp rise in revenue and a swing back to underlying profitability in the first half of the year, driven by demand from AI data centres and defence. It also said it planned to move its listing to London’s Main Market and looks set to join the long list of companies preparing to […]

UK’s IQE posts half-year profit on AI infrastructure demand

Sept 7 : British chip components maker IQE Plc posted a half-yearly core profit on Monday, compared to a year-ago loss, helped by strong demand from AI infrastructure and data centre and defence customers. After a slowdown in the electronics market and disruption linked to U.S. tariffs, Wales-based IQE is benefiting from a boom in […]