FREMONT, Calif.--(BUSINESS WIRE)---- $AXTI--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the third quarter, ended September 30, 2026. Management Qualitative Comments “This is a pivotal and exciting period for AXT,” said Morris Young, chief executive officer. “Our revenue in Q3 reached a record $73.4 million, ...
FREMONT, Calif--(BUSINESS WIRE)---- $AXTI--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that its majority-owned subsidiary, Beijing Tongmei Xtal Technology Co., Ltd. (“Tongmei”), has entered into definitive agreements for a private equity financing to fund further expansion of its manufacturing capacity for indium phosphide semiconduct...
FREMONT, Calif.--(BUSINESS WIRE)---- $AXTI--AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it will participate in the upcoming financial conferences: Needham 7th Annual Virtual Semiconductor & SemiCap 1x1 Conference on Aug. 20th 9th Annual B. Riley Securities Consumer & TMT Conference on Sept. 10th in New York Morgan Stanley ASIA Best...
FREMONT, Calif.--(BUSINESS WIRE)---- $AXTI--AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the second quarter, ended June 30, 2026. Management Qualitative Comments “This is an incredibly exciting time for AXT,” said Morris Young, chief executive officer. “We have reached an inflection point in our business wher...
FREMONT, Calif.--(BUSINESS WIRE)---- $AXTI--AXT, Inc. (Nasdaq: AXTI), a leading manufacturer of compound semiconductor substrates, today announced that it entered into a definitive agreement with Lumentum Operations, LLC for the supply and capacity reservation of indium phosphide wafer substrates. “We are very pleased to announce an agreement with Lumentum and to be a key supplier to their indi...
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