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NASDAQ:AXTI 11 January 2026 - 15 June 2026

AXTI jumps before market open on tight indium phosphide supply

AXTI jumps before market open on tight indium phosphide supply

AXT, Inc. climbed again in early trading Monday, adding to Friday's strong rally as investors looked at indium phosphide supply. AXTI closed at $97.18 Friday, up 10.01%. Shares traded between $87.22 and $103.50 with more than 10 million shares changing hands. In premarket trading, StockAnalysis pegged the price at $110.41 at 6:13 a.m. EDT, before the main session and when trading is less liquid. AXT shares are climbing with traders watching the company as a niche player in the AI data-center supply chain. TipRanks said Friday AXTI stock was gaining after reports of delays in Chinese indium phosphide export approvals, which have sparked talk of a possible shortage. Indium phosphide, or InP, is a compound semiconductor for optical chips that send data via light instead of electricity. Reuters said InP is seen as speeding up AI data centers and making them more efficient. SemiAnalysis analyst Konrad Wang told the news service, “InP is one of several supply chain bottlenecks collectively gating AI data centre buildouts.”
15 June 2026
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AXT Hits Record as AI Optics Bet Lifts Shares

AXT Hits Record as AI Optics Bet Lifts Shares

AXT, Inc. shares surged to an all-time high Friday, finishing at $140.83 after rallying 16.37%. That followed a 15.69% climb on Thursday. The moves came as traders kept jumping into indium phosphide plays, betting on the material’s use in high-speed optical connections for AI data centers. Market closure lines up with the calendar — it’s Saturday in New York, and U.S. stock markets don’t open again until Tuesday. They’ll be shut Monday for Memorial Day, so investors have to wait until after the long weekend to react.
23 May 2026
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AXT Stock Has a $632.5 Million Question: Can Its China Wafer Bet Keep Up With AI Demand?

AXT Stock Has a $632.5 Million Question: Can Its China Wafer Bet Keep Up With AI Demand?

Fremont, California, April 26, 2026, 09:01 AXT, Inc. reported that underwriters picked up their option for another 1,284,046 shares at $64.25 apiece, tacking on roughly $82.5 million in gross proceeds to a public offering that had previously brought in about $550 million. With this latest purchase, the Fremont, California-based semiconductor materials maker’s gross tally comes to around $632.5 million, before subtracting underwriting discounts, commissions, and related expenses.
26 April 2026
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AXT stock slides on China export permit delays hitting Q4 outlook — key dates ahead

AXT stock slides on China export permit delays hitting Q4 outlook — key dates ahead

New York, January 10, 2026, 18:06 — Market closed Shares of AXT, Inc. ended Friday down roughly 11%, closing at $22.99, following a lowered revenue forecast for the fourth quarter. The company cited delays in Chinese export permits for indium phosphide substrates as the cause. During the session, the stock fluctuated between $21.31 and $26.27, with around 18.2 million shares traded.
11 January 2026
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Stock Market Today

  • Jefferies Starts MCX at Buy, Sees Shares Climbing 27% From Here
    July 1, 2026, 2:28 AM EDT. Jefferies kicked off coverage on Multi Commodity Exchange of India Ltd (MCX) with a Buy rating and set a price target at Rs 3,600-27% above the current Rs 2,841. MCX, though just a fifth the size of NSE by individual equity derivative traders, almost monopolizes non-agri commodity contracts. Jefferies projects a 20% CAGR in revenue to Rs 400 billion by FY29 and expects 22% annual EPS growth, with margins hitting 73%. The firm points to more retail activity and new mini contracts ahead for India's commodity derivatives market, where MCX already dominates. Shares trade at 46x FY27 P/E, below both U.S. and Asian comparables, so Jefferies sees the stock as undervalued for its growth.
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