AXT INC

# AXT INC (AXTI)

AXT designs, manufactures, and distributes specialty semiconductor substrates and materials used in photonic and optoelectronic applications. The company's primary products include indium phosphide substrates for data center connectivity and fiber optic communications; semi-insulating and semi-conducting gallium arsenide substrates for wireless, LED, and infrared applications; and germanium substrates for space-qualified solar cells and infrared detectors. AXT also produces high-purity chemical materials including gallium, boron trioxide compounds, and pyrolytic boron nitride crucibles and components that serve as inputs for semiconductor manufacturing and other industrial processes.

The company's customer base spans multiple end markets, including data communications, 5G infrastructure, consumer electronics, automotive lidar and sensing systems, satellite communications, and industrial photonics. Semiconductor substrate revenue represents the largest portion of business, with chemical materials and specialty compounds comprising a secondary revenue stream.

AXT operates manufacturing and sales facilities across the United States, China, and Europe, complemented by independent distributors and representatives in Japan, Taiwan, Korea, and other international markets. The company serves customers ranging from original equipment manufacturers to semiconductor fabricators and system integrators across diverse geographies. Founded in 1986 and headquartered in Fremont, California, AXT is incorporated in Delaware.