Description
What this story covers
AXT Inc. entered a three-year agreement with Coherent Corp for 6-inch indium phosphide wafer substrates. A $22.3 million prepayment will fund capacity expansion in Beijing, targeting growth in AI, 5G, and photonic communications markets.
Story snapshot
CompanyAXT Inc
TickerAXTI
VariantStandard detailed
Duration4:35
Filing type8-K
PeriodQ2 2026
IndustryTechnology
Accession0001437749-26-022557
Sources1
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