IQE bets on AI data-centre demand to drive 20% sales growth in 2026

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IQE, a Cardiff-based compound semiconductor wafer maker, projects over 20% revenue growth in 2026 driven by AI data-centre demand for its indium phosphide materials. Despite a challenging 2025 with an 18% revenue drop, the company sees structural growth in photonics, especially from US military and data-centre sectors, offsetting declines in wireless smartphone components.

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