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Stock impact report

AXT Inc. (AXTI) Skyrockets 50.9% on Tech Surge [Yahoo! Finance]

AXT Inc (AXTI) 
Last axt inc earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: axt.com
Company Research Source: Yahoo! Finance
AXT Inc. soared by 50.9 percent week-on-week, as investors continued to hunt for technology stocks while shifting away from sectors seen as more vulnerable to the ongoing tensions in the Middle East. Month-to-date, AXT Inc. (NASDAQ:AXTI) has notably climbed by as much as 37 percent, even hitting an all-time high of $51.98 on Friday. The rally can also be attributed to strong investor confidence after the company posted a highly optimistic outlook for the first quarter of the year amid expected progress on its export permits. AXT Inc. (AXTI) Skyrockets 50.9% on Tech Surge “While we are disappointed that we didn't receive as many export permits in Q4 as we had hoped, we are pleased to report that we have received some permits to date in 2026 and believe we are in a strong position to achieve sequential revenue growth in Q1, driven primarily by growth in indium phosphide for the AI infrastructure build-out,” AXT Inc. (NASDAQ:AXTI) CEO Morris Young said earlier. “We are also on Show less Read more
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