AXT shares surge 10.34% after-hours after announcing Northland Securities conference participation and strategic partnerships.

Tuesday, Dec 2, 2025 4:48 pm ET1min read
AXT, Inc. (AXTI) surged 10.34% in after-hours trading following multiple positive catalysts. The stock’s jump aligned with Wedbush’s upgraded price target, raising it to $7 from $4.10, citing improved growth visibility linked to export permit approvals in China. Additionally, AXT announced participation in the Northland Securities Growth Conference on Dec. 16, 2025, enhancing investor engagement and spotlighting its role in high-growth sectors like 5G and data center connectivity. The company’s Q3 earnings report also highlighted a 250% sequential increase in indium phosphide revenue, driven by strong demand for silicon photonics. These developments collectively reinforced optimism about AXT’s strategic positioning and operational momentum, outweighing minor headwinds such as CEO share sales and mixed Q3 profitability.

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