AXT News - June 26, 2026

🔴 AXTI is trading 3.6% down today as its AI-fueled rally cools amid profit-taking

AXTI is trading 3.6% down at $66.22 today as the stock undergoes a multi-day pullback following a significant AI-driven rally. • Shares are consolidating as...

AXT Inc. Projects Record Q2, Driven by $100 Million AI Backlog

AXT Inc. expects record-breaking second-quarter results following a surge in demand for Indium Phosphide wafers. The company's order backlog surpassed $100...