IQE is trading at £54.80, up 11.16%, amid broader semiconductor strength following Micron’s strong results; available coverage does not identify a new IQE-specific announcement on October 2.

  • October 2 trading volume was 35,115,848 shares, about 20% above average daily volume.
  • IQE’s September results reported first-half adjusted core profit of £6 million and stronger AI data-centre demand; that news predates this move.