🔴 IQE is trading 11.67% down on November 2, 2026, as chip stocks fell

IQE is trading at 34.45p, down 11.67% at the October 30 close; no new IQE-specific announcement explaining the drop was identified.

• Reporting points to a semiconductor selloff as investors questioned whether heavy AI spending would generate returns quickly enough.
• Reuters reported Intel’s sharp decline deepened the tech selloff, and chip stocks broadly fell. This supports a sector-related explanation, not a confirmed company-specific catalyst.