Movement Alert｜AXT Inc Pre-Market Rise 5.31%, Subsidiary Signs Long-Term Supply Agreement Amid Persistent InP Supply Shortage

Market Focus06-18

On June 18, AXT Inc rose 5.31% in pre-market trading, trading at $97.0/share, with turnover of $4.1422 million.

On the news front, AXT's subsidiary Beijing Tongmei Xtal Technology entered into a long-term supply agreement with Nanjing Casela Technologies on June 11. Under the agreement, Casela committed to purchasing indium phosphide wafer substrates from Tongmei for a total price of 173 million Chinese renminbi from January 1 through December 31, 2027, with a minimum purchase requirement of 80% of the fixed aggregate quantity. This locks in a stable revenue source for the company.

Simultaneously, China's export controls on indium phosphide and upstream high-purity indium remain stringent, with rejection rates on export applications from US and Japanese companies exceeding 80%, creating a supply-demand gap of over 70% globally. As the leading US-listed InP substrate producer, AXT Inc continues to benefit from supply chain scarcity premiums. Within the Semiconductor Equipment sector, Applied Materials rose 4.61%, Lam Research rose 5.03%, KLA-Tencor rose 4.44%, and ASML rose 2.9%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1167406186?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-18 17:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1167406186","market":"us","top_or_hot":-1,"title":"Movement Alert｜AXT Inc Pre-Market Rise 5.31%, Subsidiary Signs Long-Term Supply Agreement Amid Persistent InP Supply Shortage","media":"Market Focus","content":"<p><p>On June 18, AXT Inc rose 5.31% in pre-market trading, trading at $97.0/share, with turnover of $4.1422 million.</p><p>On the news front, AXT's subsidiary Beijing Tongmei Xtal Technology entered into a long-term supply agreement with Nanjing Casela Technologies on June 11. Under the agreement, Casela committed to purchasing indium phosphide wafer substrates from Tongmei for a total price of 173 million Chinese renminbi from January 1 through December 31, 2027, with a minimum purchase requirement of 80% of the fixed aggregate quantity. This locks in a stable revenue source for the company.</p><p>Simultaneously, China's export controls on indium phosphide and upstream high-purity indium remain stringent, with rejection rates on export applications from US and Japanese companies exceeding 80%, creating a supply-demand gap of over 70% globally. As the leading US-listed InP substrate producer, AXT Inc continues to benefit from supply chain scarcity premiums. Within the Semiconductor Equipment sector, Applied Materials rose 4.61%, Lam Research rose 5.03%, KLA-Tencor rose 4.44%, and ASML rose 2.9%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜AXT Inc Pre-Market Rise 5.31%, Subsidiary Signs Long-Term Supply Agreement Amid Persistent InP Supply Shortage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜AXT Inc Pre-Market Rise 5.31%, Subsidiary Signs Long-Term Supply Agreement Amid Persistent InP Supply Shortage\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-18 17:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 18, AXT Inc rose 5.31% in pre-market trading, trading at $97.0/share, with turnover of $4.1422 million.</p><p>On the news front, AXT's subsidiary Beijing Tongmei Xtal Technology entered into a long-term supply agreement with Nanjing Casela Technologies on June 11. Under the agreement, Casela committed to purchasing indium phosphide wafer substrates from Tongmei for a total price of 173 million Chinese renminbi from January 1 through December 31, 2027, with a minimum purchase requirement of 80% of the fixed aggregate quantity. This locks in a stable revenue source for the company.</p><p>Simultaneously, China's export controls on indium phosphide and upstream high-purity indium remain stringent, with rejection rates on export applications from US and Japanese companies exceeding 80%, creating a supply-demand gap of over 70% globally. As the leading US-listed InP substrate producer, AXT Inc continues to benefit from supply chain scarcity premiums. Within the Semiconductor Equipment sector, Applied Materials rose 4.61%, Lam Research rose 5.03%, KLA-Tencor rose 4.44%, and ASML rose 2.9%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AXTI","symbol_name":"AXT Inc","start_time":0,"source_url":"","article_id":"1167406186","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1167406186","pubTimestamp":1781776544,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 18, AXT Inc rose 5.31% in pre-market trading, trading at $97.0/share, with turnover of $4.1422 million.On the news front, AXT's subsidiary Beijing Tongmei Xtal Technology entered into a...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AXTI":"AXT Inc"},"translate_title":"动向提示|AXT Inc盘前涨5.31%子公司在InP供应持续短缺下签署长期供应协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AXTI":1},"content_text":"On June 18, AXT Inc rose 5.31% in pre-market trading, trading at $97.0/share, with turnover of $4.1422 million.On the news front, AXT's subsidiary Beijing Tongmei Xtal Technology entered into a long-term supply agreement with Nanjing Casela Technologies on June 11. Under the agreement, Casela committed to purchasing indium phosphide wafer substrates from Tongmei for a total price of 173 million Chinese renminbi from January 1 through December 31, 2027, with a minimum purchase requirement of 80% of the fixed aggregate quantity. This locks in a stable revenue source for the company.Simultaneously, China's export controls on indium phosphide and upstream high-purity indium remain stringent, with rejection rates on export applications from US and Japanese companies exceeding 80%, creating a supply-demand gap of over 70% globally. As the leading US-listed InP substrate producer, AXT Inc continues to benefit from supply chain scarcity premiums. Within the Semiconductor Equipment sector, Applied Materials rose 4.61%, Lam Research rose 5.03%, KLA-Tencor rose 4.44%, and ASML rose 2.9%.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1167406186","isCrawlerRequest":true}