--- title: IQE bets on AI data-centre demand to drive 20% sales... description: Cardiff-based compound semiconductor wafer maker IQE has guided for more than 20% revenue growth in 2026, driven by surging AI data-centre demand for its... canonical: https://daily.dev/posts/iqe-bets-on-ai-data-centre-demand-to-drive-20-sales-growth-in-2026-rwfix39fu twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: IQE bets on AI data-centre demand to drive 20% sales growth in 2026 | daily.dev og:description: Cardiff-based compound semiconductor wafer maker IQE has guided for more than 20% revenue growth in 2026, driven by surging AI data-centre demand for its... og:url: https://daily.dev/posts/iqe-bets-on-ai-data-centre-demand-to-drive-20-sales-growth-in-2026-rwfix39fu og:image: https://api.daily.dev/og/posts/RWfIx39FU.png og:image:alt: IQE bets on AI data-centre demand to drive 20% sales growth in 2026 og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # IQE bets on AI data-centre demand to drive 20% sales growth in 2026 **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Cardiff-based compound semiconductor wafer maker IQE has guided for more than 20% revenue growth in 2026, driven by surging AI data-centre demand for its indium phosphide optical transceiver substrates. This follows a difficult 2025 in which revenue fell 18% to £97.3m and adjusted EBITDA dropped 60%, largely due to a 40% collapse in wireless division sales. Photonics revenue rose 15% to £57.1m, buoyed by US defence spending and AI cluster networking demand. An £81m fundraise including a strategic investment from US chipmaker Macom Technology Solutions provides balance sheet support for capacity expansion. Chinese export controls on indium and gallium are simultaneously driving demand for IQE's Western supply while raising raw material costs. Shares have surged nearly 900% in 2026 but dipped ~5% on results day, suggesting the recovery was already priced in. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [China has 70% of a material AI needs, IQE’s CEO warns, Bloomberg reports](https://daily.dev/posts/china-has-70-of-a-material-ai-needs-iqe-s-ceo-warns-bloomberg-reports-t6wzegkk0) · The Next Web · 0 upvotes · 0 comments - [China tightens indium phosphide checks as AI demand climbs](https://daily.dev/posts/china-tightens-indium-phosphide-checks-as-ai-demand-climbs-oxcnggub8) · The Next Web · 0 upvotes · 0 comments --- Tags: [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/iqe-bets-on-ai-data-centre-demand-to-drive-20-sales-growth-in-2026-rwfix39fu) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"IQE bets on AI data-centre demand to drive 20% sales growth in 2026","url":"https://daily.dev/posts/iqe-bets-on-ai-data-centre-demand-to-drive-20-sales-growth-in-2026-rwfix39fu","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/iqe-bets-on-ai-data-centre-demand-to-drive-20-sales-growth-in-2026-rwfix39fu"},"datePublished":"2026-07-21T08:34:36.009Z","dateModified":"2026-07-21T08:34:56.672Z","description":"Cardiff-based compound semiconductor wafer maker IQE has guided for more than 20% revenue growth in 2026, driven by surging AI data-centre demand for its...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/fa97c9171dd7a5b895d692edae59af7b?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/fa97c9171dd7a5b895d692edae59af7b?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/iqe-bets-on-ai-data-centre-demand-to-drive-20-sales-growth-in-2026-rwfix39fu","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai-infrastructure","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"IQE bets on AI data-centre demand to drive 20% sales growth in 2026"}]} ```