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deep tech TNW September 08, 2026

China has 70% of a material AI needs, IQE’s CEO warns, Bloomberg reports

China has 70% of a material AI needs, IQE’s CEO warns, Bloomberg reports
AI Summary

A Welsh chipmaker has just posted a 40% jump in revenue. Its shares are up 849% this year. And its chief executive has told an interviewer that the industry has a supply problem it cannot fully solve.

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