← SerenityAXT Inc (AXTI) enters long-term agreement with Lumentum (LITE) for InP substrates, with Lu
AXT Inc (AXTI) enters long-term agreement with Lumentum (LITE) for InP substrates, with Lumentum paying a $43.5M deposit for capacity reservation.
“$AXTI enters long term agreement with $LITE for InP substrates.
Lumentum has agreed to pay a deposit of $43.5M as a reservation for capacity. https://t.co/5Dl3L9EYRa”
Original post：X / @aleabitoreddit ↗Related stocks
Secured a long-term supply agreement with a $43.5M deposit from Lumentum, indicating strong demand for its InP substrates.
Trade ↗Committed $43.5M deposit to secure InP substrate capacity for long-term production needs, signaling confidence in its product roadmap.
Trade ↗⚠ Information only · SignalTrace is an information tool, not investment advice. It does not recommend buying or selling any security. Schedules may be based on media reports before official confirmation. Survivorship bias applies to public track records. You are responsible for your own decisions.
