What AI bubble is AXTI in?

AXT, Inc. (AXTI) is mapped to the Networking / Optical bubble on QuantAbundancia. InP / GaAs compound-semi wafers - upstream feed for optical transceiver chains (COHR/LITE/CIEN). $100M+ AI-optical backlog, $632.5M raise funding Tongmei capacity doubling. Secondary tier - single-stock 2x ETF (AXTX) means stock moves are flow-distorted vs the bubble core.

What sector is AXTI in?

AXT, Inc. is classified under GICS Information Technology (Semiconductor Materials & Equipment).

What is AXTI's last close price?

AXTI last closed at $56.62 on 2026-07-02.

AXTI

NASDAQNext earnings·Jul 30AnalystsBuy·4+70%

AXT, Inc.

Information Technology · Semiconductor Materials & Equipment

$56.62last close

+2622.1%~252d

Price

+2622.12% over 1Y

Tese

em 2026-07-04

Compound-semi wafer pure-play (InP / GaAs) levered to AI optical connectivity. Q2 2026 guide flipped to surprise profit ($0.06-0.08 vs Street -$0.01) on a $100M+ InP backlog. $632.5M raise closed at $64.25 funds Tongmei capacity doubling. Sell-side PTs ($72-90) sit below spot.

•Q2 2026 - Guide flipped to surprise profit: EPS $0.06-0.08 vs Street -$0.01, attributed to AI optical-connectivity demand for InP wafers
•2026 - $100M+ InP backlog disclosed, tied to AI optical-connectivity programs (specific customers not named in the source)
•2026 - $632.5M registered raise closed at $64.25/share. Use of proceeds: doubling InP wafer capacity at the Tongmei (China JV) plant. Stock has run well above the raise price post-close - direction-of-flow worth watching as participants in the deal mark to market
•2026 - Tradr launched AXTX, a 2x long single-stock ETF tracking AXTI directly. Mechanical flows now amplify single-day moves both ways - flow variable on top of the fundamentals story
•Sell-side PTs (yfinance consensus, n=4): Northland $90, Wedbush $80, B. Riley $72, mean $87.75. Spot has run above all three - momentum is ahead of the fundamentals story per the sell-side. PTs may catch up if Q3/Q4 prints confirm the cycle
•Snapshot 2026-05-06: stock ran from a $45 low to $111+ peak; pulled into the mid-$90s. Watch for capacity-doubling commentary on the next call (timing of incremental InP volume vs current backlog)
•Setup tension: real catalysts (profit flip + $100M backlog + funded capacity) sit alongside two flow-amplifiers (post-raise float + AXTX 2x ETF). Until the next print confirms the cycle, technical moves will be flow-driven and noisier than fundamentals justify

Analyze AXTI· interactive tools

Bubbles· capital-flow co-movement

Conviction· in 3 watchlists

+487%YTD
+458%YTD

Top correlated· 252d co-movement

0.53
0.52

Frequently asked questions

What AI bubble is AXTI in?: AXT, Inc. (AXTI) is mapped to the Networking / Optical bubble on QuantAbundancia. InP / GaAs compound-semi wafers - upstream feed for optical transceiver chains (COHR/LITE/CIEN). $100M+ AI-optical backlog, $632.5M raise funding Tongmei capacity doubling. Secondary tier - single-stock 2x ETF (AXTX) means stock moves are flow-distorted vs the bubble core.
What sector is AXTI in?: AXT, Inc. is classified under GICS Information Technology (Semiconductor Materials & Equipment).
What is AXTI's last close price?: AXTI last closed at $56.62 on 2026-07-02.

AXTI

Price

Tese

Analyze AXTI· interactive tools

Bubbles· capital-flow co-movement

Conviction· in 3 watchlists

Top correlated· 252d co-movement

Frequently asked questions

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Recent news· high-signal only

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Facts