IQE secures $14m order for AI data centre applications
Compound semiconductor wafer firm IQE has secured a multi-year production order valued at $14 million from a strategic global technology customer.
The order, which is to be manufactured at IQE's Newport foundry, supports applications serving AI and data centre markets, where increasing data generation and hyperscale infrastructure requirements are driving demand for high-performance storage technologies.
In addition to the production order, IQE continues to engage with the customer on future opportunities, including the development of next-generation technologies supporting multiple stages of the customer’s data lifecycle.
Jutta Meier, CEO of IQE, commented: “We are pleased to have secured this production order with a strategic global technology leader, supporting the rapid growth of AI and datacentre markets from IQE’s volume manufacturing facility at Newport and expected to build over the coming years.
"This highlights the role IQE plays supporting high-performance infrastructure from the data centre to the edge, enabled by our differentiated epitaxy portfolio, which also includes InP optical communications, silicon photonics and GaAs VCSEL- based datacom applications.”
