AXT, based in Fremont, California, designs and manufactures semiconductor substrates, employing 1,456 people. Its products include InP, GaAs, and Ge substrates for applications in telecommunications, lighting, and solar cells.
AXTI has been in the news recently: AXT reported a 15% increase in revenue for the third quarter of 2023, growing from $2 million to $2.3 million. This growth was driven by strong sales and an expanding market presence.
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