Latest AXT, Inc. News & Updates

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AXT, Inc. (AXT)

Manufacturer of compound and single-element semiconductor wafer substrates

axt.com

Headquarters: Fremont, United States
Founded year: 1986
Company type: Public company
Number of employees: 1,000–5,000

Last updated Today

Latest news about AXT, Inc. (AXT)

In short: AXT reported first-quarter revenue growth of nearly 39% and expanded indium phosphide capacity to support demand from AI data centers.

Company announcements

April 24 AXT

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.

April 20 AXT

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.

March 31 AXT

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.

February 19 AXT

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

June 1 Investing.com

Axt Inc stock hits 52-week low at 95.35 USD By Investing.com

Axt Inc stock hits 52-week low at 95.35 USD...

May 29 Yahoo Finance

AXT Rides AI Data Center Optimism Into Annual Meeting And Rich Valuation

AXT Inc. (NasdaqGS:AXTI) reported improved first quarter results, with a smaller net loss and higher revenue. The company linked this performance to rising demand from...

May 22 Yahoo Finance

AXT Inc. (AXTI) Climbs to All-Time High Ahead of Investor Meeting

AXT Inc. (NASDAQ:AXTI) is one of the 10 Stocks Effortlessly Climbing Double-Digits. AXT Inc. soared to a fresh all-time high on Friday, as investors resumed...

May 21 The Globe and Mail

AXT Inc. Earnings Call Signals Turn Toward Profitability

AXT Inc () has held its Q1 earnings call. Read on for the main highlights of the call. Meet Samuel - Your Personal Investing Prophet...

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