Today: 21 July 2026
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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.
15 June 2026
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?

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.
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