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AXT Jumps 21% as AI Optical Demand Drives 39% Revenue Growth

May 3, 2026 by Bruno

AXT Inc. (AXTI) surged 21% after Q1 2026 revenue rose 39% year-over-year to $26.9M, fueled by AI data-center demand for indium phosphide substrates.

Categories Stock Market Tags ai data center stocks, axt inc, axti earnings, indium phosphide, semiconductor substrates, stock market Leave a comment

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