IQE shares gain 18% on Tower AI chip deal
Shares in AIM-listed semiconductor products firm IQE (LON:IQE) gained 18% after it announced a deal with US partner Tower Semiconductor (NASDAQ:TSEM). The multi-year agreement will see IQE supply specialist wafers for optical connectivity in AI-driven data centre infrastrusture. IQE’s InP (indium phosphide) epiwafers will be used in several of Tower’s advanced silicon photonics platforms as … Continue reading IQE shares gain 18% on Tower AI chip deal
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