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IQE expects 2026 revenue to grow over 20%, driven by AI data-centre demand for indium phosphide wafers. 2025 revenue fell 18% to £97.3m, with wireless division sliding 40%. Photonics revenue rose 15% to £57.1m. An £81m fundraise, including £45m from Macom Technology Solutions, supports capacity expansion.
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Summary by ByteBrief
UK's AI investment reaches record £4.56bn in Q2