# Axt

> Markdown twin of https://roboterminal.app/companies/axt · https://roboterminal.app/companies/axt.md

## On shared sources

- [Lumentum](https://roboterminal.app/companies/lumentum) (3)
- [Sumitomo Electric](https://roboterminal.app/companies/sumitomo-electric) (3)
- [IQE](https://roboterminal.app/companies/iqe) (2)
- [ASML](https://roboterminal.app/companies/asml) (1)
- [Coherent](https://roboterminal.app/companies/coherent) (1)
- [Credo](https://roboterminal.app/companies/credo) (1)
- [Mizuho](https://roboterminal.app/companies/mizuho) (1)
- [Nomura](https://roboterminal.app/companies/nomura) (1)
- [NVIDIA](https://roboterminal.app/companies/nvidia) (1)
- [UBS](https://roboterminal.app/companies/ubs) (1)

## Pulse

- [@pequityresearch on X](https://x.com/pequityresearch/status/2112986024351858875)
  UBS: 6-inch substrates should remain tight through 2030 because only Sumitomo Electric and AXT can mass-produce at stable quality. However, for mature 2 4 inch substrates, Chinese entrants may eventua…
- [@pequityresearch on X](https://x.com/pequityresearch/status/2112318092118262085)
  Expert call covering InP substrates – CPO & high-power CW laser demand drivers, 3" to 4"/6" wafer size transition, yield bottlenecks, raw phosphorus constraints, and 2H27/2028 market balance outlook. …
- [@pequityresearch on X](https://x.com/pequityresearch/status/2109348052947394607)
  Mizuho: InP Supply > InP Substrate Bottleneck: InP substrate remains the tightest bottleneck in the supply chain, with Sumitomo Electric and AXT controlling approximately 85% of the market. > Capacity…
- [@pequityresearch on X](https://x.com/pequityresearch/status/2099141299194515869)
  Nomura: EML & CW material and equipment value chain $AXTI $COHR $LITE $ASML $AMAT $LRCX
- [@pequityresearch on X](https://x.com/pequityresearch/status/2097027117263266256)
  IQE reiterating what the industry has said about InP: "As we've previously highlighted, we are seeing high demand for our indium phosphide and gallium arsenide optical interconnect technologies." "Ind…
- [@MilkRoadAI on X](https://x.com/MilkRoadAI/status/2095893487661330861)
  Nvidia is prepaying billions for a material that most people have never heard of (Save this). Indium phosphide is the only material that efficiently turns electricity into laser light at fiber wavelen…

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Source: Roboterminal · https://roboterminal.app/companies/axt.md