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Axt Inc - AXTI STOCK NEWS

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Company Overview

AXT Inc (AXTI) is a specialized entity in the semiconductor manufacturing industry, recognized for its extensive expertise in designing, developing, manufacturing, and distributing high performance compound and single element semiconductor substrates. Incorporating advanced materials such as gallium arsenide, indium phosphide, and germanium, the company delivers substrates that underpin critical electronic and communications applications. Its operations are split between state-of-the-art manufacturing facilities in Beijing, China, and a robust administrative, sales, and customer service hub at its headquarters in Fremont, CA.

Core Business and Product Focus

AXT Inc specializes in the engineering and production of semiconductor substrates essential for the development of integrated circuits and high frequency devices. The company’s product portfolio includes both compound semiconductor substrates and single element substrates, ensuring that it meets the wide-ranging demands of industries such as telecommunications, data communications, and sophisticated electronics manufacturing. The focus on reliable, high performance materials positions AXT Inc as a critical supplier in a market where quality and precision are paramount.

Operational Excellence

With dedicated manufacturing operations in Beijing, AXT Inc leverages the benefits of high-volume production while upholding rigorous quality standards, advanced process control, and innovative engineering techniques. The central administrative functions in Fremont facilitate seamless coordination between production, customer service, and global distribution, ensuring that the company maintains high efficiency and responsiveness in the competitive semiconductor market.

Industry Position and Significance

In the broader semiconductor landscape, AXT Inc occupies a unique niche by focusing on a specialized subset of advanced substrates. The company addresses the critical need for materials that offer superior performance in extreme environments, making its offerings indispensable for high-tech applications. Further bolstering its market positioning is the integration of technical innovation with established manufacturing practices, demonstrating a commitment to precision and excellence. This blend of deep technical know-how and operational resilience enables AXT Inc to serve a diverse client base ranging from established electronics manufacturers to cutting-edge research and development firms.

Distinctive Capabilities and Market Contributions

The company’s ability to consistently produce high performance substrates is grounded in its sophisticated manufacturing infrastructure and expert engineering processes. By focusing on key materials that form the backbone of advanced semiconductor components, AXT Inc provides solutions that are both reliable and forward-thinking. Its products not only support current technological demands but also play a significant role in shaping the evolution of semiconductor applications in various high-value sectors.

Commitment to Quality and Technical Integrity

AXT Inc is known for its rigorous standards in product design and manufacturing. Each stage of the production process is meticulously managed to maintain quality, positioning the company as a trusted supplier within the complex semiconductor ecosystem. The firm’s commitment to precision and technological excellence is evident in its detailed focus on the materials and methods that drive innovation in substrate production.

Customer and Market Focus

The company serves a broad spectrum of customers who require reliable and high-performance semiconductor substrates. From small-scale specialized applications to large-scale industrial implementations, AXT Inc has established itself as a dependable partner providing tailored solutions that meet diverse needs. Its customer-focused approach, underpinned by responsive service and technical support from its Fremont headquarters, ensures that clients receive comprehensive assistance throughout the product lifecycle.

Conclusion

AXT Inc represents a sophisticated blend of technical expertise and operational proficiency in the semiconductor market. Its focus on high performance compound and single element substrates solidifies its reputation as a significant player for companies requiring specialized, high-quality semiconductor components. With a clear emphasis on quality, innovation, and precise engineering, AXT Inc continues to serve a critical role in advancing technologies across the electronics and communications sectors.

Rhea-AI Summary
AXT, Inc. expects to report revenue of $22.4 to $22.7 million for Q1 2024, surpassing previous guidance. The growth is driven by demand for indium phosphide and gallium arsenide substrates in various sectors. The company will release financial results on May 2, 2024, followed by a conference call.
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AXT, Inc. (NasdaqGS: AXTI) reported Q4 2023 revenue of $20.4 million, with 18% sequential growth. GAAP gross margin was 22.6%, operating loss was ($3.6) million. Fiscal year 2023 revenue was $75.8 million, with a net loss of ($17.9) million. Tongmei's STAR Market IPO approval received.
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AXT, Inc. (NasdaqGS: AXTI) will release its Q4 2023 financial results on February 22, 2024, followed by a conference call to discuss the results. The call will be accessible online and via phone, with replays available until March 7, 2024. Investor information can be found on the company's website or by contacting the Investor Relations Department.
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AXT, Inc. reports Q3 2023 financial results with revenue of $17.4 million, down from $18.6 million in Q2 2023. GAAP gross margin was 10.7%, compared to 9.2% in Q2 2023. The company focuses on cost savings and efficiency to return to profitability. Tongmei's IPO on the STAR Market is subject to review and approval by CSRC.
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AXT, Inc. to announce Q3 2023 financial results
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AXT, Inc. announces subsidiary's receipt of initial export permits to resume shipping gallium arsenide and germanium substrates to certain customers in compliance with new export control regulations in China.
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AXT, Inc. reports Q2 2023 financial results with revenue of $18.6 million, a decrease from previous quarters. GAAP gross margin was 9.2% and operating expenses were $8.6 million. The company also provides an update on the listing of its subsidiary, Tongmei, on the STAR Market.
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AXT, Inc. announces Q2 earnings release on Aug. 3, 2023. The company addresses the potential impact of China's new export control regulations on gallium- and germanium-related materials. Tongmei, AXT's subsidiary in China, will seek permits to export gallium and germanium substrate products. Indium phosphide substrates are not affected. In Q1 2023, gallium arsenide and germanium substrates exported outside of China contributed $4.3 million in revenue. AXT is actively pursuing permits to minimize disruption to customers.
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FAQ

What is the current stock price of Axt (AXTI)?

The current stock price of Axt (AXTI) is $1.24 as of April 4, 2025.

What is the market cap of Axt (AXTI)?

The market cap of Axt (AXTI) is approximately 91.3M.

What primary products does AXT Inc manufacture?

AXT Inc manufactures high performance semiconductor substrates, including both compound and single element substrates made from materials such as gallium arsenide, indium phosphide, and germanium.

Where are AXT Inc's operations located?

The company operates manufacturing facilities in Beijing, China for production, while its sales, administration, and customer service functions are managed from the headquarters in Fremont, CA.

How does AXT Inc generate revenue?

AXT Inc earns revenue through the design, development, manufacturing, and distribution of its specialized semiconductor substrates, catering to the needs of high-tech electronics and communications industries.

What distinguishes AXT Inc in the semiconductor industry?

The company is distinguished by its focus on advanced substrate materials and its integrated manufacturing processes, which ensure high quality and performance for demanding applications.

How does AXT Inc support its global customer base?

AXT Inc provides comprehensive support through its advanced manufacturing operations in Beijing and coordinated customer service from its Fremont headquarters, ensuring quality and reliability throughout the product lifecycle.

What industries benefit from AXT Inc's substrates?

The substrates produced by AXT Inc are critical for industries such as telecommunications, electronics manufacturing, and data communications, where high performance and reliability are essential.

How does the company ensure the quality of its products?

AXT Inc adheres to stringent quality control processes throughout its manufacturing stages, combining advanced engineering with precise production techniques to deliver reliable, high performance substrates.
Axt Inc

Nasdaq:AXTI

AXTI Rankings

AXTI Stock Data

91.29M
42.07M
7.74%
45.29%
2.23%
Semiconductor Equipment & Materials
Semiconductors & Related Devices
Link
United States
FREMONT