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Record indium phosphide revenue surges 164% as AI data center demand accelerates.

Needham upgraded AXT to ‘Buy’ from ‘Hold’ with a $90 price target, implying an upside of 61% from current levels.

Record indium phosphide revenue surges 164% as AI data center demand accelerates.

Moby summary of AXT, Inc.'s Q2 2026 earnings call

AXT (NASDAQ:AXTI) reported record second-quarter revenue and a return to profitability, driven by strong demand for indium phosphide substrates used in optical connectivity for AI data centers. Management said it is accelerating capacity expansion as customer demand continues to exceed supply. Seco

AXT Inc. (NASDAQ:AXTI) is one of the 10 Stocks Investors Are Running Away From. AXT Inc. fell for a second day on Tuesday, losing 11.80 percent to end at $50.46 apiece, as investor sentiment was dampened by a broader market pessimism triggered by the escalating tensions between the US and Iran. Additionally, investors were repositioning […]

Investors are pouring money quickly into a new ETF that invests in companies involved with photonics and photolithography.

AXT (AXTI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Moby summary of AXT, Inc.'s Q1 2026 earnings call

AXT (NASDAQ:AXTI) reported first-quarter 2026 revenue of $26.9 million, up from $23.0 million in the fourth quarter of 2025 and $19.4 million in the year-ago quarter, as the company pointed to strengthening demand for indium phosphide (InP) substrates tied to AI-related data center upgrades and opti