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Semiconductor firm IQE faces financial struggles, seeing its stock drop 8.3% amid a potential sale.
Semiconductor company IQE experienced an 8.3% drop in its stock price on Monday, with trading volume up 1,170%.
The company, facing financial challenges including a reduced 2025 revenue forecast of £90 to £100 million, is exploring a sale and has extended its strategic review.
IQE cites wireless market weakness and delays in US defense funding as factors affecting its performance.
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La firma de semiconductores IQE se enfrenta a dificultades financieras, viendo sus acciones caer un 8.3% en medio de una posible venta.