IQE, a Cardiff-based supplier of compound semiconductor wafers, raises its annual sales growth outlook, citing demand tied to artificial intelligence and data-centre build-outs. Multiple outlets report that the company links its expected improvement to increased spending on technology infrastructure that uses “light-carrying” or photonic-related materials supplied by IQE. The Next Web says IQE’s forecast implies revenue growth of more than 20% in 2026, presenting AI-driven data-centre demand as the key driver of that upgrade. The report also notes that the update accompanies the company’s full-year results, indicating that IQE is working to recover from a difficult prior period and to move toward stronger growth. Other coverage similarly frames the forecast change as a response to improving demand conditions rather than a shift in strategy. Across sources, the common theme is that IQE expects AI-related data-centre expansion to increase demand for its semiconductor products, supporting a higher expected sales trajectory for the coming year.