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AXT reduces Q2 revenue guidance from $20–22m to $17.5–18m

What happened

AXT Inc has lowered its Q2 2025 revenue guidance to $17.5-18m from $20-22m, citing slower export permit issuance for GaAs products and weaker demand in China. This marks a significant sequential and year-over-year decline from $27.9m in Q2 2024. 利空: This signals potential oversupply and pricing pressure for GaAs/InP substrates, as weakened end-demand and logistical hurdles point to reduced near-term procurement urgency.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

GaAs SubstratesInP SubstratesGermanium Substrates

AXT Inc

revisiondemand-weaknessexport-controlschina-demand

Source and time

Source: Semiconductor Today · 7/10/2025 · View original source

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AXT reduces Q2 revenue guidance from $20–22m to $17.5–18m

What happened

Impact and signal

Affected components and suppliers

Source and time

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