IQE is trading 5.4% up today at £41.65 as investors continue to buy into its AI-focused growth story following recent Indium Phosphide supply deals and strong 2026 demand guidance.
- The move aligns with a broad semiconductor rally, where chip stocks are climbing on improving memory-chip profitability and major capex announcements.
- Positive sentiment is building toward compound semiconductor names like IQE as the industry outlook for 2026 remains robust.