PXDAILY PXS
Perception & Sensing

Research snapshot · 6/29/26

AXTIAXT Inc.

Digital CMOS LiDAR

Open AXTI in Robinhood ↗
WATCH
Conviction●●●●○4 of 5
Research target110Snapshot target
Thesis statusINTACTLast reviewed 6/29/26
Market cap7.05BSnapshot value
The thesis

DIGITAL INFRA: InP substrate bottleneck for 400G/800G silicon photonics and defense/quantum applications; $632M capacity expansion confirms real demand; substrate for LiDAR/sensing also

Catalysts

Capacity doubling 2026-27; defense quantum/photonic applications; 800G ramp continues

What breaks it

Export control permits blocked on Chinese capacity; competing substrate materials displace InP; 800G ramp slower than expected

Social sentiment

X: limited; record $200M+ sales noted; defense/quantum cited by analysts

Snapshot · 6/29/26
Smart money

🟡 Mixed · ins-$35.9M · 13F 21+/4- · short↓0.13

Snapshot · 6/29/26