AXT INC

AXT, Inc. designs, develops, manufactures, and distributes high-performance compound and single-element semiconductor substrates, specialized materials essential for advanced electronic and optoelectronic applications. The company primarily produces Indium Phosphide, Gallium Arsenide, and Germanium wafers that outperform traditional silicon in high-speed, high-power, and optical applications. AXT serves telecommunications, data centers, consumer electronics, and healthcare industries, where its substrates enable critical technologies including 5G communications, artificial intelligence infrastructure, and silicon photonics for data center connectivity. Operating with a vertically integrated business model, AXT controls raw material sourcing through subsidiary operations in China, providing cost and supply chain advantages. Headquartered in Fremont, California, and founded in 1986, the company positions itself as a foundational material partner for next-generation computing and connectivity applications where standard semiconductor solutions are insufficient.