AXT is trading at $72.12, up +10.65%, alongside semiconductor stocks as broader semiconductor sentiment strengthened after Nvidia reported stronger-than-expected results and upbeat revenue guidance.
- Nvidia forecast next-quarter revenue of $108 billion, versus analysts’ $104.19 billion estimate.
- The move appears sector-driven rather than company-specific; no new AXT announcement was identified for August 27, 2026.
- Nvidia shares rose nearly 5% after hours.