Chipmaker IQE raises annual sales growth forecast on AI, data centre demand
AI Summary
IQE has raised its full-year revenue growth forecast significantly. IQE upgraded its 2026 revenue growth forecast to above 30%, from 20% previously and said core profit would reach the low-teens millions of pounds. The improved outlook was supported by strength in the aerospace and defence market alongside robust demand for 3D sensing and wireless products.
Discussion
Sign in to join the discussion.
Loading comments…