AXT Inc - Common Stock (AXTI)

AI data center demand for optical connectivity drove record $73.4M revenue.

AXT (NASDAQ:AXTI) reported sharply higher third-quarter revenue and profitability as demand for indium phosphide substrates used in AI data-center optical connectivity continued to outpace supply. Management said it is expanding manufacturing capacity and expects further growth in 2027 as customers

AXT (NASDAQ:AXTI) has outperformed the market over the past 15 years by 1.41% on an annualized basis producing an average annual return of 15.1%. Currently, AXT has a market capitalization of $4.21 billion. Buying

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

U.S. stocks mixed, Nasdaq up 50 pts. AXT Inc (NASDAQ: AXTI) rose 25.3% on strong Q2 results. Other gainers include NWL, FET, IESC, SPXC, AMZN, SPSC, DLB, GH, DXCM, and MPWR.

Gainers Kustom Entertainment (NASDAQ:KUST) stock rose 58.4% to $1.87 during Friday's pre-market session. AXT (NASDAQ:AXTI) shares moved upwards by 34.14% to $62.97. The company's market cap stands at $3.0

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

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

Gainers Kustom Entertainment (NASDAQ:KUST) stock increased by 48.0% to $1.75 during Thursday's after-market session. AXT (NASDAQ:AXTI) stock increased by 27.22% to $59.72. The market value of their outstanding

AXT (NASDAQ:AXTI) has outperformed the market over the past 5 years by 25.49% on an annualized basis producing an average annual return of 37.01%. Currently, AXT has a market capitalization of $2.97 billion. Buying

AXT (NASDAQ:AXTI) has outperformed the market over the past 10 years by 19.4% on an annualized basis producing an average annual return of 32.92%. Currently, AXT has a market capitalization of $3.89 billion. Buying

Small-camp companies AXTI, NWPX Infrastructure, and Arteris have each surged to new all-time highs in 2026, driven by data center demand and water infrastructure spending.

US stocks were mixed on Friday, with Dow Jones down 0.1%. Veeva Systems Inc (NYSE: VEEV) rose 11.6%, joining S&P 500 on May 7. Other big gainers: Esperion Therapeutics Inc (NASDAQ: ESPR), Five9 Inc (NASDAQ: FIVN), Pershing Square Inc (NYSE: PS), Lightwave Logic Inc (NASDAQ: LWLG), AXT Inc (NASDAQ: AXTI), SoundHound AI Inc (NASDAQ: SOUN), Applied Optoelectronics Inc (NASDAQ: AAOI), Reddit Inc (NYSE: RDDT), nVent Electric PLC (NYSE: NVT), Nebius Group NV (NASDAQ: NBIS), Paramount Skydance Corp (NASDAQ: PSKY), Encompass Health Corp (NYSE: EHC).

AXT (AXTI) Q1 2026 Earnings Call Transcript

AXT sits in a niche part of the semiconductor supply chain tied to optical networking and data connectivity, where demand for indium phosphide has drawn investor attention. What matters now is whether the company can translate that demand into consistent production and delivery at scale.

AXT can be an industry giant, but its valuation requires perfection, making it a risky pick.

AXT Inc (NASDAQ: AXTI) shares are trading lower Tuesday after pricing a $550 million underwritten public offering at $64.25 per share.