AXTI — AXT Inc.
Compound-semiconductor substrate maker. Produces indium phosphide (InP), gallium arsenide (GaAs), and germanium (Ge) wafers. The upstream chokepoint under every 800G optical transceiver.
Coiled
0
52w range compression, breakout-adjusted
Watched
11
7-day news volume + tape quietness
Sound
25
Margins, growth, FCF composite
Critical
100
Supply-chain concentration × demand
Pressure
37
Pricing Power
21.3%
Flat
CHAIN-D scores pending — refresh after next quarterly run.
Numbers on the wire.
Market cap
$5.1B
P/E (TTM)
—
P/S (TTM)
54.93
EV / EBITDA
—
Gross margin
21.34%
Op margin
-13.85%
Net margin
-14.68%
FCF margin
—
Rev growth YoY
-0.14%
EPS growth YoY
—
ROE
-6.21%
ROA
-3.65%
Debt / Equity
0.28
Current ratio
2.59
Price / Book
11.52
Beta
1.85
Layer Presence.
Four public InP substrate suppliers exist worldwide; AXTI is the only US-listed pure-play. As 800G and 1.6T optical transceivers ramp for AI fabrics, InP wafer demand is set to 2× by 2027. Concentration risk is the entire thesis.
From the EDGAR wire.
From the tape.
- Benzinga12 Information Technology Stocks Moving In Tuesday's Intraday Session
- SeekingAlphaAXT: Market Is Pricing A Monopoly That Does Not Exist
- SeekingAlphaWhy I'm Not Chasing AXT Despite Being The Best AI Substrate Story In The Market
- BenzingaAXT's Tongmei Secures $25.4M Long-Term Indium Phosphide Wafer Supply Agreement With Casela For 2027 Deliveries
- BenzingaHere's How Much $100 Invested In AXT 15 Years Ago Would Be Worth Today
- BenzingaShares of chip stocks are trading lower amid reports of China working to rival the west in AI chips. Additionally, it was reported Blue Owl Capital will not provide funding for a $10 billion deal to build Oracle's next data center. This could cause AI sector uncertainty.
Who AXTI touches.
Depends on
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