Key information

🔎 Fund Overview

AXT, Inc. is a materials science company that develops and produces compound and single element semiconductor substrates, also known as wafers. The Company has two product lines: specialty material substrates and raw materials integral to these substrates. Its compound substrates combine indium with phosphorous (InP) or gallium with arsenic (GaAs). Its single element substrates are made from germanium (Ge). Its InP is a semiconductor wafer substrate used in broadband and fiber optic applications, 5G infrastructure and data center connectivity. Its Semi-conducting GaAs substrates are used to create opto-electronic products, including high brightness light emitting diodes (HBLEDs) that are often used to backlight wireless handsets and liquid crystal display (LCD) televisions and also used for automotive panels, signage, display and lighting applications. Its Ge substrates are used in applications, such as solar cells for space and terrestrial photovoltaic applications.