Iqe Share Discussion Threads

[peterbrock] 24/5/2024 08:26

Thanks for the link nickwild!!

[peterbrock] 24/5/2024 08:21

An extract from the CNBC news site. It looks like IQE are still in the mix for a grant.
Sorry but I couldn't find a way to send the link.


'One such supplier in talks with Commerce for a CHIPS award is IQE, a U.K.-based company that produces compound semiconductor wafers for major companies like Apple.

IQE chief executive Americo Lemos told CNBC that while he understands the interest in funding leading-edge chip manufacturing in order to build out artificial intelligence systems, funding smaller companies that play support roles is just as crucial to ensuring the U.S. chip supply chain is both secure and resilient.

“We need to make sure that we continuously look at the supply chain as a whole, in an environment where geopolitics aren’t easy to deal with,” Lemos said in an interview.

“Of course the industry is focused on AI, GenAI and its benefits and applications, but it’s not enough to build high performance chips,” he continued. “There’s no AI without compound semiconductors—;very simple.”

With the remaining grant money dwindling, forthcoming awards will be smaller than the multi-billion-dollar packages that have been doled out so far, Schmidt said. But for small companies, even a modest award could have significant impact.

“There’s a lot that a smaller amount of money can do for those upstream projects,” said Jimmy Goodrich, senior advisor for technology analysis with the RAND Corporation. “There’s a lot of runway left.”

[longtallsally] 23/5/2024 17:53

So Nvidia results won’t help the SP, guess we’re hoping for a July TU and that Americo has set us up for over achieving against the market expectations going forward.

[tomduck] 23/5/2024 09:23

Crosswires, i agree 100% which is why I was buying so heavily under 30p. Nvidia and AI are transforming the landscape, it is a new Industrial Revolution.

[crosswires] 23/5/2024 09:03

Some interesting snippets from Nvidia earnings call a few paragraphs below …

Markets very excited about Blackwell which ships this year but also Nvidia say they plan to bring out a new exponentially better chip each year for the foreseeable. Seems to me that it won’t be long before Nvidia is the largest company in the world via MC.

My take away from this is that IQE has been in the wrong place at the wrong time repeatedly since 2017 but would have to shoot itself in both feet not to take advantage of this coming explosion in the need for CS. Of course it’s possible they don’t execute but I think on balance with Americo on board I think the odds are favourable and we should start to hear about a revenue uptick at the latest by the September forward earnings guidance

It’s also worth noting that Amazon, Google, Meta and Microsoft have all signalled they plan to spend $200bn this year on chips and data centres needed to train and operate their AI systems. Apple has said it will announce its AI strategy next month. Nvidia is seen as the leading provider of chips best-suited to powering AI.

Data centre rev up a staggering 427% yoy


Nvidia president Huang comments…

“The industry is going through a major change. Before we start Q&A, let me give you some perspective on the importance of the transformation. The next industrial revolution has begun.

Companies and countries are partnering with NVIDIA to shift the trillion-dollar installed base of traditional data centers to accelerated computing and build a new type of data center, AI factories, to produce a new commodity, artificial intelligence.

AI will bring significant productivity gains to nearly every industry and help companies be more cost and energy efficient while expanding revenue opportunities. CSPs were the first generative AI movers. With NVIDIA, CSPs accelerated workloads to save money and power. The tokens generated by NVIDIA Hopper drive revenues for their AI services. And NVIDIA cloud instances attract rental customers from our rich ecosystem of developers.

Strong and accelerated demand -- accelerating demand for generative AI training and inference on Hopper platform propels our Data Center growth. Training continues to scale as models learn to be multimodal, understanding text, speech, images, video and 3D and learn to reason and plan.

Our inference workloads are growing incredibly. With generative AI, inference, which is now about fast token generation at massive scale, has become incredibly complex. Generative AI is driving a from-foundation-up full stack computing platform shift that will transform every computer interaction.

From today's information retrieval model, we are shifting to an answers and skills generation model of computing. AI will understand context and our intentions, be knowledgeable, reason, plan and perform tasks.

We are fundamentally changing how computing works and what computers can do, from general purpose CPU to GPU accelerated computing, from instruction-driven software to intention-understanding models, from retrieving information to performing skills, and at the industrial level, from producing software to generating tokens, manufacturing digital intelligence.

Token generation will drive a multiyear build-out of AI factories. Beyond cloud service providers, generative AI has expanded to consumer Internet companies and enterprise, Sovereign AI, automotive, and health care customers, creating multiple multibillion-dollar vertical markets.”
.

The above is why I also invested in the UK Semi ETF (based on the UsA SOX index) just over a year ago, and it’s already up over 140% since with no signs of dipping.

[a0469514] 23/5/2024 08:43

I just read Nvidia's results presentation and conference call (available on Seeking Alpha for example). It is truly mind blowing.There is a revolution going on out there and as Sweenoid says, it could be transformational for IQE.Xylos

[ardent8] 23/5/2024 08:41

Have we got any fingers in any pies in south Korea?www.breakingthenews.net/news/details/62097353

[jimboyce] 23/5/2024 07:20

As markets prepare for AI stocks earnings this week, it's a great moment to remember the critical role compound semiconductors play in the advancement of #AI.

At IQE, we have been investing in our technology portfolio to enable more efficient transfer of data in data centers, which are vital to generative AI applications. The AI boom, and gen AI in particular, are trends driving industry growth.

Americo I day ago

[longtallsally] 22/5/2024 21:35

Nobody bet against Nvidia that I know but I look forward to benefiting big time as Confucius, I mean Sweenoid says 😂

Nvidia up between 2-4% after hours, so not the share surge we saw last few earnings beats, because a lot is priced in already BUT if any of this drops into IQEs coffers I will be well pleased and we should hear about it in a July TU 😉

[sweenoid] 22/5/2024 21:26

Confucius say “If you bet against NVidea it’s likely you will become a cropper. “😂,

tonight’s amazing results and outlook bode well for the technology sector and for IQE demand is “off the rails in the data Centers”

Nvidia is the new Apple , whereas Apple with Jobs and Ive dominated technological innovation they are now led by a ‘supply side’ guy -period 🤨. It seems it’s now all about the GPU rather than the CPU and NVidea is driving forward a tsunami of innovation and products no one else can match ( for now). AI has enabled NVidea to reinvent itself

The exciting aspect for IQE is that our CEO says AI is not possible without compound semiconductors so there will be a payback for sure. Of course the most dynamic part of Nvidia business is in the data centre where AI is driving up the demand for Nvidea’s chips by hyperscalers like Google/amazon/ Microsoft .

IQE made this announcement regarding its new offering to enable these hyperscalers to respond to demands of AI, machine learning and cloud computing demand a few months ago so you can see how we could benefit big time



When I met Americo Lemos a few months ago he spontaneously talked about NVidea and their CEO and how a new technology innovation (AI) had revitalised the company and its share price It was almost as if he was saying it would/ could happen to IQE . Wouldn’t it be amazing if IQE worked its way into Nvidea’s supply chain (almost exclusively OUTSORCED) and the hyperscaler data centres via our OEM’s and partners.

Just saying
S

[longtallsally] 22/5/2024 15:33

Confucius say too much 🍷🍺 for Sweenoid at lunchtime 😉✅

[sweenoid] 22/5/2024 15:03

If you drive fast towards a brick wall without applying a brake you end up being a cropper?
😉
S

[crosswires] 21/5/2024 08:17

It would indeed be huge news to get a substantial chips act grant from the USA. I have to say I find it incredible that the Americans are willing to hand out large grants to non American companies but then again, who I am to complain! We certainly won’t be getting much, if any help from our own government! Let’s hope it happens! 🤞


Nvidia earnings tomorrow, which will be a short term driver (one way or another) of the wider tech markets.

[hutchmeister] 21/5/2024 07:55

Come on Rina get a result for us!

[wendybatt2] 20/5/2024 18:43

Much happier now. I have been in this stock since 2016. Done very well out of it and taken loads of money out. I have a lot left invested so very happy with this new upturn and that IQE is now on the upward trajectory. Happy days ?

[sweenoid] 20/5/2024 17:48

Zapa- thanks
That’s another ✅ in the box for Porogan, class one’s ’Solstice̵7; electroplating technology will further enable the IQE GAN based wafers to enable mass production.

it’s interesting that the press release states “ClassOne̵7;s Solstice plating technology provides a reliable and efficient foundation for the development of key process steps that will support the route to improved yields through utilization of LARGER silicon wafer sizes,”

THIS I believe refers to the 300mm wafers mentioned in IQE/ Porogan press release in 2022

“The intention is for IQE to be Porotech's epitaxial wafer foundry partner, providing GaN MOCVD capacity for the volume production of Porotech's PoroGaN® microdisplay technology platforms. Together, the companies will develop and productionise 200mm manufacturing platforms as well as 300mm wafer formats.”

It’s all coming together very nicely , Porogan are resolving supply side issues and once again the Porogan CEO states the earlier timeline “ We look forward to working with the team at ClassOne to bring the industry-leading performance benefits of PoroGaN and DPT to display applications in the NEXT FEW YEARS,” he adds.

Things are always delayed in technology but it now seems clear if all goes according to plan late 2025/ early 2026 we should see some nice action here and of course IQE are 1st in the supply chain.

I thought 33.5p could be a real resistance point , glad I appear to have got that wrong. The trend is our friend ( for a change)

S

[crosswires] 20/5/2024 15:40

There’s little point in arguing/debating, call it what you will. At the end of the day if chunky revenue comes sooner for MicroLED then that’s great news, of not then the analysts were right. Better not to expect it and be surprised 😉

On other news it is long overdue that IQE has momentum in a favourable direction (18-24 months since the rapid run from 30-60p) so it’s extremely good to see the trend being our friend again.

Very happy that I increased and bought almost 50% of my holding between 15-30p, certainly helped out the average holding price

[longtallsally] 20/5/2024 15:34

I’ve no doubt progress is being made on Micro LED but major mass production (of the type of volume that would earn IQE major revenue streams) is some years away, unless Seeenoid you know something the analysts of that sector don’t. I know you always like to be right but sometimes you need to accept others may know more (I don’t mean me) ;)

Still it’s excellent to see the share price pick up like the weather in the West Midlands.

[sweenoid] 20/5/2024 14:07

Very interesting video featuring the CEO of our strategic microleds partners appearance at Display Week in San Francisco last week

Well worth a look and from my perspective looks like very positive progress being made toward mass production of microled ‘devices’

Have a look and learn when he believes consumers will be able to buy Porotech enabled AR glasses which have been mass produced , only clue I will give is its sooner that some on here have been touting 😉. A lot of references are made to the ‘supply side’ of the business, no partners are mentioned but obviously IQE are key as are the huge corporations that have signed up as mass production partners- Foxconn, Powerchip and GIS



S

[ardent8] 20/5/2024 12:16

Note to self. Should have done.

[ardent8] 20/5/2024 12:14

Any views thoughts on the 5% in the last couple of hours. I don't, but pleased to see it and hope we hold on to it.

[longtallsally] 20/5/2024 09:47

Well we all hope your ramp up in optimism is proved accurate because for many of us there will be a substantial increase in holding value to come if you’re correct! I’m going to go all aboard the Sweenoid train from now on!