AXT Expects Doubling of Scale-Out Orders for Indium Phosphide in 2026 and 2027 Amid Export Controls and Capacity Expansion Plans.
ByAinvest
Friday, Jan 16, 2026 2:46 pm ET1min read
AXTI--
AXT expects surging demand for indium phosphide wafers due to AI data centers' shift to optical connectivity. Export controls in China pose a major risk, but the company is doubling capacity through 2026 by repurposing existing facilities and leveraging a vertically integrated China campus. AXT is also addressing potential share gains versus competitors.
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