NASDAQ – AXT; AXTI

-substrate is a key ingredient of the semi-conductors that go into solar cells
-AXT use Gallium Arsenide which boosts efficiency and is twice as efficient as silicon
-Gallium Arsenide is also used in 3D sensing and light displays, power amplifiers, radar and 5G smart phones
-The company also make indium phosphide which is used in the field of optical networks.
-Data is transmitted using light at a stunning speed
-This is being used in data centres, video streaming, cloud computing, data networks etc
-$50 million in cash and no debt (2017 NOV)
 

AXTI – financhill