"White-Haired Stock God" celebrates IQE surge: Disclosed AI supply chain connection in February, another major positive news today
BlockBeats News, June 15, "White-Haired Stock God" Serenity posted to celebrate that IQE surged by 16.5% today, with a 925.24% increase since February. He also referenced a past analysis of IQE from February with the phrase "you're welcome." Google TPU procures optical devices from Lumentum (LITE), Lumentum purchases epitaxial wafers from IQE, and AXTI is IQE’s upstream substrate supplier. Serenity pointed out that the bill of materials for ultra-large-scale data center ASICs is extremely confidential, but it is possible to deduce the real positioning of each company through this multi-level supply chain relationship, which most people tend to overlook. At that time, IQE shares were only around 12.2 pence.
Today, IQE announced the signing of a multi-year indium phosphide (InP) epitaxial wafer supply agreement with Tower Semiconductor (TSEM), for optical connectivity solutions in AI data centers. This news was regarded as a major positive by the market, and IQE’s stock price soared, now reaching around 52.8 pence, with a year-to-date gain of more than 900% from the February low.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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