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UK’s IQE forecasts 2025 earnings boost from defence, AI demand

By Thomson Reuters Jan 12, 2026 | 1:25 AM

Jan 12 (Reuters) – British semiconductor ‍wafer maker IQE on Monday said ‌it expects ‌its revenue and adjusted core profit for ​fiscal 2025 ‍at ​the upper ​end of ‍its forecasts, with demand driven by ‍markets including military and ‍defence, AI, ‍data ​centres, ​and ⁠handsets.

(Reporting by ‌Rishab Shaju in Bengaluru; Editing by Janane ⁠Venkatraman)