Jan. 9 at 4:57 AM
Part1
$AXTI, which has been fiercely speculated recently, fell 31% after trading.📉
AXT Inc., a company that produces semiconductor substrates (such as InP phosphide for telecommunications lasers), lowered its revenue guidance for the fourth quarter of 2025 to
$22.5 million to
$23.5 million, compared with
$27 million to
$30 million. The range is lower than the consensus expected of
$29 million, mainly due to the fact that the number of export licenses in China is less than expected, resulting in the delay in shipment in December.
