NASDAQ:TSEM 15 June 2026

IQE stock climbs after Tower Semiconductor supply deal highlights AI data-centre orders
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IQE stock climbs after Tower Semiconductor supply deal highlights AI data-centre orders

IQE shares traded higher in London on Wednesday after the Welsh semiconductor group announced a supply deal with Tower Semiconductor, citing demand from AI data centers. The stock held gains through the session. The AIM-listed stock gained 1.43% to 55.79 pence by 13:03 BST, after starting at 55.90p and hitting a session high of 59.40p, according to Google Finance. AJ Bell data at 12:48 BST showed a bid-offer range of 55.50p-55.80p, with more than 22.8 million shares traded.
June 17, 2026
IQE Shares Jump as Tower Semiconductor Deal Puts AI Data Centre Demand Back in Focus
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IQE Shares Jump as Tower Semiconductor Deal Puts AI Data Centre Demand Back in Focus

London, June 15, 2026, 11:57 BST. IQE plc surged in London on Monday after the Cardiff-based semiconductor materials supplier announced a multi-year agreement to supply indium phosphide, or InP, epiwafers to Tower Semiconductor for optical connectivity products used in AI-driven data centres. InP is a compound semiconductor material used in high-speed photonics, while an epiwafer is a wafer with engineered semiconductor layers grown on it for chip manufacturing. IQE shares jumped 17% to 53.90p in Monday morning trading, according to Alliance News, and Hargreaves Lansdown later showed the stock at 54.70p to sell and 55.00p to buy, up 8.55p, or 18.49%, with a previous close of 46.25p.
June 15, 2026