AXT, Inc. (AXTI)

What more can I say......

AXT, Inc. (NASDAQ: AXTI) is a material science company that designs, develops, and manufactures high-performance compound and single-element semiconductor wafer substrates, including indium phosphide (InP), gallium arsenide (GaAs), and germanium (Ge). These materials are used in AI-driven data center connectivity, 5G communications, 3D sensing, lidar, and LED lighting.

Snapshot of my flow today on this name with validation through my own dashboard. Thought I would give you a peek early in the day….. I have no clue what is going on other than a bullish engulfing on the weekly. There is significant price volatility in this name on a strong tape… 2.2 times usual volume …

This is very unusual flow and volume. August 2026 105, for example, is the high strike versus 68.28 spot!!!