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Why Is AXT, Inc. (AXTI) Among the Semiconductor Penny Stocks To Invest In Right Now?

By Yahoo! Finance   |   Nov 27, 2024 at 02:59 PM EST
Why Is AXT, Inc. (AXTI) Among the Semiconductor Penny Stocks To Invest In Right Now?

Upstream semiconductor stocks struggle to benefit from sector-specific trends like artificial intelligence. Three stocks analyzed show underperformance compared to the industry benchmark. Penny stocks are smaller but offer potential for higher returns. AXT, Inc. is highlighted for its substrate products and exposure to the Chinese market amid geopolitical tensions.

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