🔴 AXT is trading 4.29% down in pre-market as higher bond yields pressure semiconductor shares

AXT is trading $58.01 (-4.29%) after a risk-off overnight backdrop pushed U.S. futures lower.

• The Nasdaq Composite is down 1.10%, while higher bond yields and technology-sector weakness are pressuring semiconductor shares.
• No fresh company-specific announcement was identified for September 1, 2026; recent bullish earnings and analyst upgrades appear stale relative to today’s decline.