AXT (NASDAQ:AXTI) Stock Jumps as AI-Wafer Demand Drives 65% Incremental Margin
AXT shares surged after the compound-semiconductor supplier delivered a broad second-quarter beat. The two-stage rally left them 57.3% above Wednesday’s close.
AXT (NASDAQ:AXTI) surges 27% as record indium phosphide sales push gross margin higher
AXT, Inc. shares were quoted at $59.60 ahead of the market open on Friday, up 27.0% from the previous session’s close at $46.94. Nasdaq trading had not yet started.
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 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.
AXT delays annual meeting to June after AI-driven stock jump
AXT, Inc. adjourned its 2026 annual meeting after it came up short of a quorum, meaning not enough shareholders showed up to allow any votes. The semiconductor materials company said it will try again, planning to reconvene on June 4 at its Fremont, California headquarters.
Why AXT, Inc. Stock Jumped 21% as AI Wafer Demand Put Its $100 Million Backlog in Focus
Shares of AXT, Inc. surged Friday, lifted by first-quarter numbers that showed stronger revenue and a smaller loss thanks to increased demand for indium phosphide wafers tied to AI data-center growth. The stock finished May 1 at $96.00, up 21.18%, with after-hours trading pushing it even higher, according to StockAnalysis data.
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.
AXT Inc (AXTI) stock slips in premarket after 22% leap as insider sale notices hit SEC tape
Shares of Nasdaq-listed AXT, Inc slipped 6.5% to $43.33 in Tuesday’s premarket, giving back a chunk of Monday’s 22.2% rally, which saw the stock close at $46.32.
AXT stock slides on China export permit delays hitting Q4 outlook — key dates ahead
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.
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