AXT is trading 6.6% up now at $87.06 after renewed interest in AI-linked optical-connectivity stocks and easing concerns about AI capital spending.
- Momentum extends from AXT’s record second-quarter results, including $47.6 million in revenue and 164% year-over-year growth.
- AXT returned to profitability.
- No new company-specific announcement was identified for August 17, 2026.