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UK's IQE posts half-year profit on AI infrastructure demand

Source: reuters.com

Corporate EarningsArtificial IntelligenceInfrastructure & DefenseCompany Fundamentals
UK's IQE posts half-year profit on AI infrastructure demand

IQE Plc reported a half-year core profit, reversing a loss in the prior-year period. The turnaround was driven by strong demand for its chip components from AI infrastructure, data-centre and defense customers, signaling improving end-market momentum for the company.

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