AXT is a material science company that develops and manufactures high-performance compound and single element semiconductor wafer substrates comprising indium phosphide, gallium arsenide, and germanium. Its worldwide headquarters are in Fremont, California, with subsidiary offices in China including production facilities to produce the raw materials used in its wafers. AXT's products and services cater to a variety of industries such as telecommunications infrastructure data center connectivity consumer devices industrial lasers automotive wireless IoT and more, providing high-performance solutions for various applications.