🟢 AXT is trading 5% up in pre-market as AI capital-spending concerns ease

AXT is trading at $85.76, up +5.05%, benefiting from renewed investor interest in AI-linked companies as capital-spending concerns ease.

• No fresh company-specific announcement was identified for August 17, 2026; recent momentum follows strong second-quarter results and AI-related indium-phosphide demand.
• The Nasdaq Composite is up 0.59% pre-market, supporting a broader technology-sector tailwind.