Pivotal-Point Tracking AXT (AXTI): Indium Phosphide Demand Drives Growth Over 250% - Manufacturer of Substrate Wafers in AI Boom!
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AXT Inc. is a materials science company and manufacturer of substrate wafers for compound semiconductors such as indium phosphide (InP), gallium arsenide (GaAs), and germanium (Ge). These wafers are used when conventional silicon wafers cannot meet the high performance requirements in semiconductor and optoelectronic devices, for example, for 5G, data centers, artificial intelligence, or fiber optic communication. The company greatly benefits from the massive expansion of data centers, as indium phosphide substrates are essential for optical high-speed...
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