Is this the only small cap Quantum related stock on LSE? |
hxxps://www.gasworld.com/story/powering-the-ai-revolution-can-semiconductors-keep-up/2149696.article/
Powering the AI revolution: Can semiconductors keep up?
By Anthony Wright
on Jan 21, 2025 |
Momentum is powerful both on the way down and back up again. This should never have sunk as low as 8p but it did and whilst this isn’t worth 30p yet it looks like it’s heading back to fair value maybe round 17-20p. Last time IQE sunk to the lows of 10p back in 2016 within 18 months it was at £1.70.
What we need to really gain traction is more new deals with GaN which has higher margins and increases in volume on existing deals. Add in the Taiwan sale and funding after this year should be less of an issue.
I would also add that military spending is about to grow significantly over the next decade as the sector has been under funded and with the real Donald in the USA hot seat he won’t be allowing the EU to get away without paying their dues.
It’s been easy to be negative here because the fall was shocking but I do think much better times are coming which is why my holding only grew substantially over the past year. |
🚀🚀🚀🚀8640; |
Great words - AI pre production partnership California Iqe - fly baby fly |
So have I. Good luck everyone |
taken a few maiden shares today -
good luck - |
The quantum dot market is estimated to be worth USD 10.6 billion in 2024 and is projected to reach USD 23.9 billion by 2029, at a CAGR of 17.7% during the forecast period. |
Whatever the reason getting past 15p would be a big deal considering where we have been these past months. I am confident the future is brighter just not sure how bright! |
Looking remarkably strong.🚀 |
17p coming, so from comments here the only issue is the loan note? |
Little wins like this are always good.
But I’d have liked some indication of how it might scale up beyond the $0.5m “through 2025”. That kind of revenue - whilst welcome - ain’t gonna significantly shift the dial. Particularly when the partnership with Quintessent has been 10 years in the making just to get it to this point. |
It’s not but I guess we’re going to get a few of this type of post here as new investors look for something to try and pump ;) |
The share price is poised to reach 20 p. |
 Indeed 500k won’t shift the dial and IqE has had many new tech false dawns before and plenty of jam tomorrow BUT if this one pays off it could be huge.
Much more detail here…
Revolutionizing AI Optical Interconnects
Quintessent Inc., known for its pioneering work in quantum dot laser technology combined with heterogeneous silicon photonics, has joined forces with IQE plc, a leading provider of epitaxial wafer products and services. Their partnership is groundbreaking as it aims to create a large-scale quantum dot laser and semiconductor optical amplifier (SOA) epitaxial wafer supply chain. This collaboration is set to establish a new era in high-performance optical interconnects
The Need for Advanced Optical Interconnects
As artificial intelligence (AI) technology continues to evolve rapidly, the demand for larger parameter models increases. This surge necessitates a robust interconnected infrastructure that can efficiently manage compute and memory resources. The optical interconnects play a vital role, requiring a laser source that meets high bandwidth, low latency, and energy-efficient standards. Conventional laser technology, often reliant on III-V supply chains, struggles to keep pace with these requirements, particularly regarding reliability.
Enhancing AI Connectivity
The shift towards quantum dot materials is a significant breakthrough in enhancing laser and SOA technologies. These materials endow systems with longer lifespans and greater reliability. Furthermore, they demonstrate wider operational temperatures, higher efficiency, reduced noise levels, and improved resistance to back reflections. This leap forward promises to mitigate the challenges faced by optical interconnects in future AI implementations.
Recent Breakthroughs Leading to High Volume Production
For many years, the supply of high-quality quantum dot epitaxial wafers has been a challenge. However, recent collaborations between Quintessent and IQE, alongside research initiatives, have led to notable advancements. The transition from GaAs-based quantum dot research into volume production has resulted in optimized and high-performing gain materials crafted on 6-inch epitaxial wafers. These wafers are capable of producing millions of edge-emitting lasers and SOAs annually.
The Vision Behind the Partnership
Alan Liu, CEO and co-founder of Quintessent, remarked on the partnership's vision, stating that the performance, cost, and reliability enhancements of quantum dot-based lasers and amplifiers align perfectly with market demands. This collaboration aims to tackle the increasing need for optical connectivity, providing solutions built on quantum dot technology.
Acknowledging Expertise and Commitment
Mark Furlong, Chief Revenue Officer of IQE, expressed satisfaction with the commitments from Quintessent, highlighting the successful history of their partnership on commercial products and various programs. The quality and consistency of their QDL wafers demonstrate their expertise in manufacturing epitaxial wafers at scale, further solidifying their position in a competitive market. |
$500k though. Potential sure but meagre revenue atm |
Nice news, should be a good day here, GLA |
lpavlou - weren’t the basic CLN terms outlined last year?
From 18 Nov 2024 RNS:
“The Group is in the process of negotiating a proposal from Lombard Odier, its largest shareholder, regarding short-term financing to help IQE navigate the ongoing market softness. Lombard Odier’s willingness to extend up to c.£15 million via a convertible loan note with a conversion price of 15p per share (the “Proposed Financing”) is a strong demonstration of Lombard Odier’s confidence in the embedded value within the Group. The Group intends to consult with its other major shareholders regarding the Proposed Financing following this announcement.” |
CLN is the key here.How much and for how long?What interest rate?What conversion price?This could be very dilutive to existing shareholders if it's not opened up to everyone. For them to announce it, means the deal is done and should be announced early next week. |
Is it not at present steading the ship! Figures not falling like a rock (maybe slow bleed, who knows.) |
LTS ✅ on all points.
Good to see a TU without more disasters but then again how could the world lead in VCSEL production have even lower revenue than £115m?!
As Crosswires says, one to tuck away and hope in 2-3 years they have found a way to prosper and get back to £175m revenue again. |
Thank goodness we are on the turn.
I find it hard to believe that a ‘barrow boy’ like Americo Lemos will ever be taken seriously again ! |
IQE shares soar! Really This is money? This article shows why 99% of “news” isn’t worth reading.
I suspect the positive note about AI driving phone cycle upgrades is probably not true. Sadly we have arrived at a place where all new phones are only incremental upgrades, certainly been the case now since iPhone 12 and arguably ten “X” was the game changer. What we need is additional new devices across industries that require new VCSEL volumes to be sold such as GaN for data centre, storage etc
It’s hard to work out how IQE will prosper right now because the AI market has not exactly been stuck in a rut and yet there are no new deals and no major volume upgrades to current deals or we would see major projected revenue growth.
IQE continues to baffle and puzzle and most articles related to it seem to hark on about Apple and nothing else almost like the wider community don’t really know what else IQE exists for.
Re Americo’ departure, there is no point asking IR, they won’t be telling us anything we don’t already know which is nothing and I would suggest we will never know. Clearly something that required the company to essentially pretend he never existed means it was an immediate dismissal event anyhow.
What we do know is he probably was a “snake oil” merchant and IQE board should take responsibility as they fell for it in the first place. We now all find ourselves in a position worse than when Nelson was in charge |
I own a lot still, though have been flipping for 10-20% over the past couple of months.
I want to be positive, but I see 2 possible negatives in the statement:
1) As LLOL pointed out, the language on Taiwan sounds softer, slower and indeed less certain than I had expected. Maybe there are secret positive reasons for this, but......
2) As indiestu has hinted at, the convertible is crucial and potentially painful. Equally importantly they needed good news to help clinch it, so the figures indicated are probably at the high end of their range of wiggle room.
I think these points help to explain the limited share price move today.
Did anyone recently write to IR to ask when there would be more disclosure about the departure of S. Lemos? |
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