AXT Inc (AXTI) Q3 2024 Earnings Call Highlights: Navigating Challenges and Seizing Growth ...

By Yahoo! Finance | Nov 1, 2024 at 03:32 AM EST

The Germanium business faced challenges due to doubled raw material prices, impacting revenue expectations. Indium Phosphide business is driven by growth in AI and data centers. AXT's competitive position in the HPT market is strong, with potential for growth driven by 5G.

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