For second-quarter 2024, AXT Inc of Fremont, CA, USA — which makes gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) substrates and raw materials — has reported revenue of $27.9m, up 23% on $22.7m last quarter and 50% on $18.6m a year ago, and exceeding the guidance of $25.5–27.5m. This reflects strong demand in various sectors, including data-center applications and satellite solar cells...
Source: https://www.semiconductor-today.com/new ... 0824.shtml