Chipmaker IQE raises annual sales growth forecast on AI, data centre demand

Short summary

IQE upgraded its 2026 revenue growth forecast to above 30%, up from a prior 20% estimate, with core profit expected in the low-teens millions of pounds. The improved outlook is driven by strength in aerospace and defense markets alongside robust demand for 3D sensing and wireless products. AI and data centre demand are cited as key tailwinds for the chipmaker.

• •IQE raised 2026 revenue growth forecast from 20% to above 30%
• •Core profit projected at low-teens millions of pounds
• •Growth supported by aerospace/defense, 3D sensing, and wireless product demand

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