Latest AXT News & Updates
See the latest news and media coverage for AXT. We track all announcements, press releases, and industry mentions in real time, all in one place.
Manufacturer of compound semiconductor wafer substrates
axt.com- Headquarters
- Fremont, United States
- Founded year
- 1986
- Company type
- Public company
- Number of employees
- 1,000–5,000
Latest news about AXT
In short: AXT reported Q1 2026 revenue of $26.9 million and announced plans to double its indium phosphide capacity to support AI data center growth.
Company announcements
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AXT announces exercise of over-allotment option
Underwriters purchase additional 1,284,046 shares at $64.25, yielding $82.5 million gross proceeds. Funds support subsidiary capacity expansion, R&D, and working capital.
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AXT announces public offering of common stock
The company intends to use proceeds to support subsidiary capacity expansion, R&D, and working capital. Underwriters get a 30-day overallotment option.
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AXT announces Q1 2026 financial results
Revenue reaches $26.9 million, gross margin 29.6%, net loss $1.6 million. Raised $632.5 million for indium phosphide expansion.
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AXT announces Q4 and FY 2025 financial results
Q4 revenue was $23.0M with net loss of $3.5M. FY 2025 revenue totaled $88.3M with net loss of $21.3M. CEO anticipates Q1 2026 growth.
Media coverage
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AXT Inc. Earnings Call Signals Profitable Turn
AXT Inc.'s latest earnings call struck an optimistic tone, as management highlighted accelerating revenue growth, a surging indium phosphide backlog, and sharply improving margins that...
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AXT Doubles Indium Phosphide Capacity To Power AI Data Center Growth
AXT (NasdaqGS:AXTI) has positioned itself as a key supplier to AI data centers through its focus on...
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AXT forecasts first quarter revenue between $26 million and $28 million By Investing.com
AXT, Inc. (NASDAQ:AXTI) reported Monday that it expects revenue for the first quarter ended March...
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AXT outlines plans to double indium phosphide capacity again in 2027 while guiding Q2 GAAP EPS to $0.05-$0.07
Q1 2026 Management view "Revenue for the first quarter of 2026 was $26.9 million" and the mix skewed to indium phosphide, with "Indium Phosphide was...
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