🟢 IQE is trading 10.1% up today as it extends rebound from semiconductor selloff

IQE is trading 10.1% up at £44.80 as it extends a rebound from last week’s sharp semiconductor sector selloff and earlier company-specific volatility.

• The move builds on recent gains following a market rout tied to concerns over AI infrastructure spending.
• Investors are rotating back into select chip names despite the broader semiconductor sector continuing to show signs of weakness.