NasdaqGS:AXTISemiconductor
Why AXT (AXTI) Is Down 8.3% After Indium Phosphide Export Constraints and Capacity Expansion Plans - And What's Next
AXT, Inc. recently updated its fourth-quarter 2025 revenue expectations and, at the 28th Annual Needham Growth Conference in New York, discussed how Chinese export permit constraints for indium phosphide limited shipments despite firm demand.
The company also highlighted plans to more than double its indium phosphide capacity in the second half of 2026, funded in part by a December capital raise aimed at supporting AI-related data center infrastructure and high-speed optical...