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China has 70% of a material AI needs, IQE’s CEO warns, Bloomberg reports

This story is from 2026-09-08. It is preserved in the archive; the latest stories are on the live feed.

A Welsh chipmaker has just posted a 40% jump in revenue. Its shares are up 849% this year. And its chief executive has told an interviewer that the industry has a supply problem it cannot fully solve. Sofia Gerace reported the interview for Bloomberg. Jutta Meier runs IQE, based in Cardiff. She sai…

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  1. 2026-09-08 13:57 · The Next Web
    China has 70% of a material AI needs, IQE’s CEO warns, Bloomberg reports

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