AXT shares rose 3.1% driven by strong demand for optical connectivity materials in AI data centers, following a 164.8% revenue jump in Q2 FY26. T1 Energy gained 9.5% amid U.S. solar tariff talks supporting its domestic polysilicon supply chain, despite a year-to-date decline. Babcock & Wilcox climbed 11% after a major institutional stake disclosure and new data center power projects, though its stock chart remains weak amid restructuring. These moves highlight AI-driven demand extending beyond chips to materials, energy, and power sectors.
Lumentum's fiscal Q4 report showed a 109% revenue increase and strong future guidance, boosting optics stocks like AXT and Ciena. The launch of the Roundhill Photonics & Optics ETF (LYTE) offers investors a focused way to invest in AI optical connect...
AXT shares remained steady near $74 after a volatile week, reflecting cautious sentiment ahead of Lumentum's earnings report. Lumentum's outlook on optical modules and switches will influence the optical supply chain, including AXT's indium phosphide...
