$AXTI forming a cup-and-handle base — classic setup for a potential breakout.
This is an AI infrastructure play through optical connectivity. They manufacture InP substrates, which are critical for high-speed data center interconnects. As AI scales, so does the demand for faster, more efficient data movement.
The earnings trajectory is aggressive: EPS projected to jump from $0.86 in 2026 to $3.29 by 2028. That's nearly 4x growth in two years.
If execution follows through, this could be one of those under-the-radar supply chain winners riding the AI buildout wave. Worth watching how the base resolves.
This is an AI infrastructure play through optical connectivity. They manufacture InP substrates, which are critical for high-speed data center interconnects. As AI scales, so does the demand for faster, more efficient data movement.
The earnings trajectory is aggressive: EPS projected to jump from $0.86 in 2026 to $3.29 by 2028. That's nearly 4x growth in two years.
If execution follows through, this could be one of those under-the-radar supply chain winners riding the AI buildout wave. Worth watching how the base resolves.