)
Edge23 Jan 2026
Death, Taxes, and Garbage: The Story of WM
How Waste Management turned garbage into one of America's most stable business models through landfills, regulation, and nationwide scale.
AXT
AXT (AXTI) investor relations material
AXT 28th Annual Needham Growth Conference Virtual summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.28th Annual Needham Growth Conference Virtual summary14 Jan, 2026
Company overview and product focus
Specializes in compound semiconductor wafers: germanium, gallium arsenide, and indium phosphide, with vertical integration into raw materials and manufacturing in China.
Indium phosphide is the core growth driver, critical for optical transceivers in data centers and AI infrastructure.
Holds a unique market position as the only pure-play indium phosphide company listed on major stock exchanges.
Vertically integrated supply chain enables cost control, risk mitigation, and scalability.
Does not provide epitaxial substrates, only bare substrates for further processing.
Market trends and demand outlook
Indium phosphide demand is surging due to AI data center expansion and shift from copper to optical connectivity.
Anticipates doubling of order demand in 2026 and again in 2027, driven by scale-out and future scale-up (CPO, silicon photonics) applications.
Expects significant growth in China’s silicon photonics market within the next 12 months.
Market share in 2024 is roughly 40% (with Sumitomo at 40%, Japan Energy at 10%).
Capacity is being doubled by end of 2026 to meet anticipated demand.
Supply chain, export controls, and risk management
Indium phosphide added to China’s export control list as of February 2025; all exports now require permits.
Export permit process is complex, multi-agency, and lacks transparency, causing shipment delays and business risk.
Over 70% of indium phosphide revenue is from outside China, but 40-50% of total revenue is from China.
Raw material sourcing is diversified, with ownership in mining and recycling companies, and some supply from outside China.
Political tensions and export restrictions between China and Japan add further complexity to global supply strategies.
InP manufacturing outside China: timeline/plan
InP pricing strategy vs. competitors
Capital flow challenges for China operations
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next AXT earnings date
Q4 202519 Feb, 2026
AXT
Next AXT earnings date
Q4 202519 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. AXT’s product lines include sapphire substrates that have been an important component of leading-edge integrated circuits since the inception of large scale, commercial manufacturing of integrated circuits. Furthermore, the company's comprehensive product portfolio includes wafers, substrates, sapphire material and ceramic-based substrates.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage