AXT (AXTI) Appoints Tracy Liu to Board of Director

On June 23, 2026, AXT, Inc. (NASDAQ:AXTI) announced that Tracy Liu was appointed to its Board of Directors, effectual June 17, 2026. The committee expanded to 5 directors from four. Liu brings much than 30 years of concern advisory, taxation strategy, and accounting experience, including 10 years with Big Four nationalist accounting firms and much than 20 years advising nationalist and backstage companies.

On June 25, Northland reiterated an Outperform standing and precocious accrued its terms people connected AXT to $125 amid a crisp pullback successful the shares. Northland besides cited AXT's "very positive" quality astatine the firm's NCM Growth Conference.

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing astatine Fab. Semiconductor Packaging Process.

On June 18, AXT disclosed that its subsidiary, Beijing Tongmei Xtal Technology, entered into a semipermanent proviso statement with Nanjing Casela Technologies. The statement reserves accumulation capableness and raw-material allocation for Casela successful speech for Casela's committedness to acquisition a fixed aggregate quantity of indium phosphide wafer substrates from January 1, 2027, done December 31, 2027. In 2027, Casela is committed to purchasing an agreed quantity of InP substrate wafers for a full terms of $25.4M, with deliveries connected a monthly schedule.

AXT, Inc. (NASDAQ:AXTI) designs, develops, manufactures, and distributes compound and single-element semiconductor substrates.

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