UK's IQE returns to profit on AI infrastructure demand
07/09/2026 07:26
UK's IQE returns to profit on AI infrastructure demand Sept 7 (Reuters) - British chip components maker IQE Plc IQE.L 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.
The company reported adjusted core profit of £6 million ($8.11 million) for the six months ended June 30, compared with a loss of £0.4 million in the prior-year period.
($1 = £0.7400)
(Reporting by Neeshita Beura in Bengaluru)
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