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Arnne Carragie

Why Is AXT Inc (AXTI) Stock Price Down 13.54% Today, July 29? Chip Selloff Hits AI Wafer Proxy

AXT Inc (AXTI) fell exactly 13.54% to $36.97 on July 29, 2026 as a broad selloff in related semiconductor names and pre-earnings uncertainty pressured the AI wafer supplier. Read the daily analysis of AXT's demand outlook, momentum risk and key technical levels.