Chipmaker's shares surge 300% amid Apple link speculation
Shares of UK-based chipmaker IQE have surged by over 300% this year amid speculation that it may be selling wafers needed by Apple for its new iPhone. The company is the second-best performer on FTSE AIM 100 Index year-to-date and has beaten stocks of firms like Nvidia. Notably, the new iPhone is expected to include IQE wafers for 3D sensing.