AXT Shares Fall on Lowered Sales Outlook Due to China Trade Issues

Dow Jones

01/09

By Katherine Hamilton

AXT shares dropped after the company cut its revenue outlook, citing China's reduction of export control permits.

The stock shed 18.7% to $21.00 in after-hours trading Thursday. Through the close, shares were up nearly fivefold over the past three months.

The Fremont, Calif., semiconductor maker said it expects fourth-quarter sales to be $22.5 million to $23.5 million. That is a decline from the $27 million to $30 million estimate management shared during a call in November.

The lower guidance is primarily due to fewer-than-expected export control permits for indium phosphide being issued from China's Ministry of Commerce, AXT said.

Chief Executive Morris Young said he was disappointed to not be able to ship enough of the material to fulfill more customer orders in December.

The company is working with the Ministry of Commerce and is hopeful it can receive additional permits in the fiscal first quarter, Young said.

Due to artificial intelligence-related demand, AXT is on target to more than double its indium phosphide capacity in the second half of the year, he added.

The company is set to report fourth-quarter financial results Feb. 19.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

January 08, 2026 18:49 ET (23:49 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2602319241"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2602319241\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2602319241?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-09 07:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2602319241","market":"sh","top_or_hot":-1,"title":"AXT Shares Fall on Lowered Sales Outlook Due to China Trade Issues","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Katherine Hamilton \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  AXT shares dropped after the company cut its revenue outlook, citing China's reduction of export control permits. \n</p>\n<p>\n  The stock shed 18.7% to $21.00 in after-hours trading Thursday. Through the close, shares were up nearly fivefold over the past three months. \n</p>\n<p>\n  The Fremont, Calif., semiconductor maker said it expects fourth-quarter sales to be $22.5 million to $23.5 million. That is a decline from the $27 million to $30 million estimate management shared during a call in November. \n</p>\n<p>\n  The lower guidance is primarily due to fewer-than-expected export control permits for indium phosphide being issued from China's Ministry of Commerce, AXT said. \n</p>\n<p>\n  Chief Executive Morris Young said he was disappointed to not be able to ship enough of the material to fulfill more customer orders in December. \n</p>\n<p>\n  The company is working with the Ministry of Commerce and is hopeful it can receive additional permits in the fiscal first quarter, Young said. \n</p>\n<p>\n  Due to artificial intelligence-related demand, AXT is on target to more than double its indium phosphide capacity in the second half of the year, he added. \n</p>\n<p>\n  The company is set to report fourth-quarter financial results Feb. 19. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 08, 2026 18:49 ET (23:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AXT Shares Fall on Lowered Sales Outlook Due to China Trade Issues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAXT Shares Fall on Lowered Sales Outlook Due to China Trade Issues\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-01-09 07:49</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Katherine Hamilton \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  AXT shares dropped after the company cut its revenue outlook, citing China's reduction of export control permits. \n</p>\n<p>\n  The stock shed 18.7% to $21.00 in after-hours trading Thursday. Through the close, shares were up nearly fivefold over the past three months. \n</p>\n<p>\n  The Fremont, Calif., semiconductor maker said it expects fourth-quarter sales to be $22.5 million to $23.5 million. That is a decline from the $27 million to $30 million estimate management shared during a call in November. \n</p>\n<p>\n  The lower guidance is primarily due to fewer-than-expected export control permits for indium phosphide being issued from China's Ministry of Commerce, AXT said. \n</p>\n<p>\n  Chief Executive Morris Young said he was disappointed to not be able to ship enough of the material to fulfill more customer orders in December. \n</p>\n<p>\n  The company is working with the Ministry of Commerce and is hopeful it can receive additional permits in the fiscal first quarter, Young said. \n</p>\n<p>\n  Due to artificial intelligence-related demand, AXT is on target to more than double its indium phosphide capacity in the second half of the year, he added. \n</p>\n<p>\n  The company is set to report fourth-quarter financial results Feb. 19. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 08, 2026 18:49 ET (23:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4147","symbol_name":"半導體設備","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2602319241","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2602319241","pubTimestamp":1767916140,"columns":[{"name":"行業數據","id":30,"label_key":"dataReport"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"AXT shares dropped after the company cut its revenue outlook, citing China's reduction of export control permits.The stock shed 18.7% to $21.00 in after-hours trading Thursday. Through the close, shares were up nearly fivefold over the past three months.The Fremont, Calif., semiconductor maker said it expects fourth-quarter sales to be $22.5 million to $23.5 million. That is a decline from the $27 million to $30 million estimate management shared during a call in November.The lower guidance is primarily due to fewer-than-expected export control permits for indium phosphide being issued from China's Ministry of Commerce, AXT said.Chief Executive Morris Young said he was disappointed to not be able to ship enough of the material to fulfill more customer orders in December.The company is working with the Ministry of Commerce and is hopeful it can receive additional permits in the fiscal first quarter, Young said.Due to artificial intelligence-related demand, AXT is on target to more than ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4147":"半导体设备","AXTI":"AXT Inc"},"translate_title":"AXT股价因中国贸易问题导致销售前景下调而下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AXTI":0.9},"content_text":"By Katherine Hamilton \n\n\n \n\n\n  AXT shares dropped after the company cut its revenue outlook, citing China's reduction of export control permits. \n\n\n  The stock shed 18.7% to $21.00 in after-hours trading Thursday. Through the close, shares were up nearly fivefold over the past three months. \n\n\n  The Fremont, Calif., semiconductor maker said it expects fourth-quarter sales to be $22.5 million to $23.5 million. That is a decline from the $27 million to $30 million estimate management shared during a call in November. \n\n\n  The lower guidance is primarily due to fewer-than-expected export control permits for indium phosphide being issued from China's Ministry of Commerce, AXT said. \n\n\n  Chief Executive Morris Young said he was disappointed to not be able to ship enough of the material to fulfill more customer orders in December. \n\n\n  The company is working with the Ministry of Commerce and is hopeful it can receive additional permits in the fiscal first quarter, Young said. \n\n\n  Due to artificial intelligence-related demand, AXT is on target to more than double its indium phosphide capacity in the second half of the year, he added. \n\n\n  The company is set to report fourth-quarter financial results Feb. 19. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 08, 2026 18:49 ET (23:49 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}