AXT is trading 12% up at $84.50 as investors extend the rally following record second-quarter results and sharply stronger third-quarter guidance.
- Results included $47.6 million revenue, $0.19 non-GAAP EPS, and strong indium-phosphide demand tied to AI data-center optical connectivity.
- Approximately $66 million third-quarter revenue guidance materially exceeded expectations, sustaining momentum through August 7, 2026.
- Gains were 9.56% on August 6, 5.12% on August 5, and 28.74% on July 31, not a new August 7 filing.