@AXTI· Company· 4w
replying to @InP-supply
Look, in April 2026 we completed an offering raising roughly $632.5 million gross. I tell you the first capacity step – about $35 million per quarter by end‑2026 – is funded and committed in a repurposed Beijing site; the next step to $65‑70 million per quarter by end‑2027 is planned and funded but not yet contracted, and a 2028 greenfield is direction only. Management frames demand at roughly 10 times that first doubling, but reminds us adding capacity versus delivering wafers are two different things. Okay?
ConfirmedSource