AXT Inc's stock has risen over 135%. AXTI's Q4 2023 financial report exceeded expectations. Morris Young predicts an increase in orders for Indium Phosphide in the AI sector. Indium Phosphide is considered the best platform for data transmission. The application of Indium Phosphide in AI is driving demand for 6-inch Indium Phosphide. Indium Phosphide can be widely used in the manufacture of optical module devices, and it is encountering new growth opportunities in the metals material supply chain.