AXTI Stock Surges on AI-Driven Earnings Beat AXT Inc. shares experienced a sharp rally following the release of its Q2 earnings, which significantly exceeded analyst expectations. The company reported earnings per share (EPS) of $0.19, more than double the $0.07 consensus estimate, alongside revenue of $47.6 million, surpassing the $34.1 million forecast. This marks a substantial improvement from the $18.0 million in revenue recorded a year earlier, driven by strong demand for indium phosphide substrates in AI and data center applications. The surge in AXTI’s stock was fueled by its record Q2 revenue of $30.7 million from indium phosphide, a critical component for optical connectivity in AI infrastructure. Management highlighted that production capacity is fully utilized, with a backlog exceeding $100 million, signaling robust demand and visibility into future orders. This backlog, combined with the company’s forward guidance for Q3, has positioned AXTI as a key player in the semiconductor sector. For Q3, AXTI guided EPS to a range of $0.30–$0.32, nearly triple the $0.10 Street estimate, and projected revenue of approximately $66 million, far above the $38.81 million expected. The company also noted potential upside if additional export permits are approved, further bolstering investor confidence. The strong earnings report and forward-looking guidance have driven AXTI’s stock to trade above $60, with multiple intraday spikes and a volatile trading pattern. A long-term supply agreement with Lumentum through 2031 has added to the stock’s appeal. The deal includes $87 million in deposits for future indium phosphide wafer shipments, providing contracted demand and reducing execution risk. This partnership validates AXTI’s role in the AI and data center supply chain, offering traders a tangible revenue stream.#data_center #ai_infrastructure #lumentum #axt_inc #indium_phosphide
'I’m going to make it my job to make sure that man never gets elected again for any office': Pennsylvania residents slam Governor Josh Shapiro as they hit back over being 'bulldozed' on AI data center concerns Pennsylvania residents fiercely opposed expanding data center developments, accusing Governor Shapiro of prioritizing corporate growth over community well-being. #data_center #Pennsylvania_residents #Governor_Josh #Josh_Shapiro #accusing_Governor #Governor_Shapiro #concerns_Pennsylvania #community_well-being #slam_Governor #center_developments
Meta to receive over $3 billion in tax breaks for its 2,250 acre Louisiana data center – enough to fund the state’s police budget for seven years Meta will receive $3.3 billion in tax breaks as Louisiana wipes the sale tax on new GPUs for its Hyperion miles. #data_center #Hyperion_miles #acre_Louisiana #tax_breaks #Louisiana_data #Louisiana_wipes #years_Meta
Microsoft's $1 billion Kenya AI data center project hits a major hurdle as the government says it would require switching off 'half the country' to meet power needs Microsoft and G42 data center plans in Kenya face power capacity constraints as the national grid struggles with electricity demand requirements #data_center #national_grid #billion_Kenya #Kenya_face #demand_requirements #project_hits #major_hurdle #require_switching #capacity_constraints #grid_struggles
This US start-up wants to pay you to host a data center on the side of your home — and says it won't disturb you at all SPAN plans installing residential AI computing nodes outside homes, offering subsidized electricity and internet access to participating homeowners. #data_center #SPAN_plans #offering_subsidized #participating_homeowners #plans_installing #installing_residential #computing_nodes
Kevin O'Leary pushes back on Tucker Carlson's data center concerns: 'Welcome to America, buddy!' Kevin O'Leary defended his AI data center in Utah, despite Tucker Carlson's concerns about taxpayer subsidies, during a debate on America's AI future. #data_center #Kevin #buddy #Tucker_Carlson #Kevin_O'Leary #pushes_back #Carlson_data
One of the biggest data center projects in the US found to be sucking up 29 million gallons of water over 15 months — and local residents only found out after complaining of low pressure, when they were initially told to stop watering their lawns Fayette County declined to fine QTS after hidden water usage surfaced following complaints about weak residential water pressure locally. #data_center #local_residents #center_projects #Fayette_County #lawns_Fayette #County_declined #fine_QTS #million_gallons #pressure_locally #biggest_data
Utah just approved a data center twice the size of Manhattan that will consume more electricity than the entire state A data center twice the size of Manhattan that will consume around 9GW of power has just been approved in Utah. #data_center #data #Manhattan #Utah #center #size #entire_state
'We would need to shut off power for half the country': Microsoft's $1 billion Kenya data center project runs out of juice 'Future generations will be overburdened by the current decisions.' #data_center #current_decisions #billion_Kenya #Future_generations #Kenya_data #center_project
A solution to our data center woes? Covering California’s canals with solar panels could generate a staggering 13GW of clean energy and save enough water for two million people — so why the opposition? California canal solar projects could generate significant power and save water, though high costs and environmental uncertainties complicate large-scale deployment decisions #data_center #million_people #data #solution #California #center #center_woes #woes #Covering_California #generate
If you're wondering where all the storage is going, it's landed in this 245 TB data center SSD from Micron How's your 1 TB HDD feeling now? #data_center #SSD #Micron #center_SSD #HDD_feeling
Hut 8 shares jump over 30% on news of $9.8 billion AI data center lease #data_center #shares_jump #Hut #center_lease #shares
Samsung showcases massive floating data center ship model that could house OpenAI's future ChatGPT as its Dallas-based partner claims 'speed to power is the new moat' and promises 1.5 GW of capacity within 36 months Samsung and partners propose floating data centers to accelerate AI infrastructure deployment, though execution challenges and offshore risks remain unresolved. #data_center #floating_data #months_Samsung #infrastructure_deployment #remain_unresolved #Dallas-based_partner #Samsung_showcases #partner_claims #showcases_massive #ship_model
Dangerous New Linux Exploit Gives Attackers Root Access to Countless Computers The exploit, dubbed CopyFail and tracked as CVE-2026-31431, allows hackers to take over PCs and data center servers. The Linux vulnerabilities have been patched—but many machines remain at risk. #data_center #Attackers_Root #Root_Access #Countless_Computers #dubbed_CopyFail #center_servers #Linux_Exploit
Galaxy Digital delivers first data center tranche to CoreWeave after narrowing Q1 loss #data_center #loss #Galaxy_Digital #Digital_delivers #center_tranche
Gas power projects for just 11 US data center 'campuses' could emit more greenhouse gases than entire countries, according to report "That terrifies me in a lot of ways." #data_center #greenhouse_gases #Gas #Gas_power #entire_countries #power_projects
Inference pushes AI out of the data center How a controversial tech from the 2000s could transform AI to make it cheaper, faster and almost indestructible. #data_center #cheaper #faster #Inference_pushes #controversial_tech #Inference
Micron, AMD, and Broadcom Shares Surge Amid AI Chip Demand Surge Investors turned their attention back to AI chip stocks on Wednesday as Micron Technology, Advanced Micro Devices, and Broadcom reported robust demand linked to data-center spending, driving significant gains in their shares. The surge followed strong quarterly results from each company, highlighting the growing importance of artificial intelligence in shaping the semiconductor industry. Micron Technology led the rally, with its shares rising approximately 7% after the company announced fiscal first-quarter revenue of $13.64 billion, a 57% increase compared to the same period last year. A key driver of this growth was its cloud memory unit, which nearly doubled to $5.28 billion. Management also projected second-quarter revenue of $18.7 billion and adjusted earnings of $8.42 per share, signaling continued momentum in the data-storage sector. Advanced Micro Devices saw its shares climb about 4% as the company reported fourth-quarter revenue of $10.27 billion, up 34% year over year. The data-center business, which has become a critical segment for the company, reached a record $5.38 billion in revenue. This performance reinforced expectations that server chips and AI accelerators will remain key growth drivers, with analysts anticipating sustained demand for high-performance computing solutions. Broadcom also experienced a 4% rise in its stock price after the company revealed that AI chip revenue hit $8.4 billion in the latest quarter, more than doubling from the previous year. The company projected AI semiconductor revenue of $10.7 billion for the current quarter, further underscoring the sector’s rapid expansion.#data_center #micron_technology #advanced_micro_devices #broadcom #ai_chip
How the memory crisis is strangling the UK's data center boom With DRAM prices on the rise, UK data center leaders must adapt their infrastructure strategies now. #data_center #memory_crisis #DRAM_prices #infrastructure_strategies #center_boom #center_leaders
It's not just a RAM crisis — Panasonic says data center batteries are also selling out months in advance Panasonic expands lithium-ion and supercapacitor production to meet future data center power needs, responding to AI infrastructure pressures worldwide. #RAM_crisis #data_center #pressures_worldwide #advance_Panasonic #Panasonic_expands #expands_lithium-ion #supercapacitor_production
