AdvertisementAdvertisementBusiness07 Sep 2026 02:48PM (Updated: 07 Sep 2026 02:51PM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST Sept 7 : British chip components maker IQE Plc posted a half-yearly core profit on Monday, compared to a year-ago loss, helped by strong demand from AI infrastructure and data centre and defence customers.After a slowdown in the electronics market and disruption linked to U.S. tariffs, Wales-based IQE is benefiting from a boom in AI usage and the subsequent demand for equipment used in data centre construction.The company reported adjusted core profit of £6 million ($8.11 million) for the six months ended June 30, compared with a loss of £0.4 million in the prior-year period.IQE said positive momentum has continued into the second half after first-half performance exceeded management expectations. It reiterated its full-year forecast.IQE, which is currently listed on London's Alternative Investment Market, said it intends to seek admission of its shares on the Main Market, targeting completion in the first half of 2027.($1 = £0.7400)Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST