AXTI
5 tracked calls · 3 long · 2 short · last 90d: 3L/2S
first called by Convequity 2mo ago
SHORT1mo ago
“China's approval of limited Indium Phosphide (InP) substrate exports at end-May disappointed as China keeps most of it for domestic use and remains committed to”dnystedt
China's InP 'limited release' policy directly caps AXTI's China-based substrate exports, pressuring revenue
AXTISHORT@ $84.38
$60.20+28.65%
since call Jun 22
peak +56.4%
LONG1mo ago
“management put the InP backlog above $100 million for the first time … AXT raised $632.5 million and committed it to doubling InP capacity in 2026 and again…”JP Insights
AXT sits on the tightest layer of the InP chain, backlog over $100m and doubling capacity twice
AXTILONG@ $85.54
$60.20-29.62%
since call Jun 21
LONG1mo ago
“a record backlog and recovering margins this far upstream is exactly what should appear early if the constraint is running deeper than the module.”JP Insights
AXT is the upstream substrate receipt, record InP backlog and recovering margins funded for big expansion.
AXTILONG@ $107.70
$60.20-44.10%
since call Jun 5
SHORT2mo ago
“The causer is the InP supply chain small-diameter wafers from suppliers like AXTI... that cannot scale to meet explosive 1.6T transceiver demand.”Convequity
AXT Inc. is a supplier of small-diameter InP wafers, which are identified as a bottleneck causer due to low yields and long lead times, making it unable to scale for 1.6T transceiver demand and vulnerable to SiPho solutions.
AXTISHORT@ $124.06
$60.20+51.47%
since call May 10
peak +70.6%
LONG2mo ago
“Compounding this is a massive global shortage of indium phosphide (InP), the critical semiconductor material used to produce the lasers inside these modules.”Convequity
AXT is the pure-play upstream supplier of scarce indium phosphide wafers gating optical modules
AXTILONG@ $94.72
$60.20-36.44%
since call May 4