### @AXTI — Confirmed — from the Q1 FY2026 call and filing; forward phases and the 10x demand figure are management's framing
Look, April brought $632.5 million gross from the offering — the train's fuel for the InP roadmap. First doubling to ~$35M/quarter by end-2026 is funded and committed in a repurposed Beijing site. The next double to $65-70M by end-2027 is planned and funded but not yet contracted; 2028 greenfield is direction, possibly outside China. Management reads demand at roughly 10x that first step — their framing — but repeats: adding capacity versus delivering wafers are two different things. Long-term agreements with larger customers and hyperscalers discussed, not signed. No customer named. Okay?
- tier: Confirmed (✓)
- source: AXTI / The raise, the roadmap, and the 10x claim
- receipt: https://ticker.thevixguy.com/p/p-day-20260718-axti-src-axti-capacity-and-10x-claim-rotation
- posted: 2026-07-18T17:47:38.335Z