AXT signs indium phosphide wafer supply, capacity reservation deal with Lumentum through 2031

Reuters2026/07/29 20:18

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

AXT signed a long-term supply and capacity reservation agreement with Lumentum for indium phosphide wafer substrates through Dec. 31, 2031.
Lumentum will pay an initial deposit of USD 43.5 million within 30 business days; a second USD 43.5 million deposit is slated for 2028.
Deposits will be applied as shipment credits against product purchases; AXT will also support additional capacity if needed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AXT Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260729446850) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

AXT signs indium phosphide wafer supply, capacity reservation deal with Lumentum through 2031

You may also like

Crypto prices