---
title: "U.S. stock night market fluctuations: AXT rose 3.33% in the night market, Wedbush raised its target price, and AI demand significantly improved revenue"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285009618.md"
description: "AXT Company rose 3.33% in after-hours trading; Applied Materials fell 0.02% in after-hours trading, with a transaction volume of USD 476,000; Teradyne rose 0.02% in after-hours trading, with a transaction volume of USD 447,800; Formfactor fell 2.09% in after-hours trading, with a transaction volume of USD 304,900"
datetime: "2026-05-04T00:21:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285009618.md)
  - [en](https://longbridge.com/en/news/285009618.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285009618.md)
---

# U.S. stock night market fluctuations: AXT rose 3.33% in the night market, Wedbush raised its target price, and AI demand significantly improved revenue

**U.S. Stock Night Market Movements**

AXT Company rose 3.33% in the night market. Based on recent key news:

1.  On May 2, Wedbush raised AXT's target price from $80 to $93, maintaining an outperform rating. This move reflects market confidence in AXT's future growth potential, driving the stock price up.
    
2.  On May 2, AXT announced its Q1 2026 financial report, showing significant improvements in revenue and gross margin. The company benefited from the growth in AI and data center demand, and is expected to achieve profitability in Q2, further boosting investor confidence.
    
3.  On May 1, AXT announced the completion of a $630 million fundraising to expand indium phosphide production capacity to meet the high-speed optical transmission demands of AI data centers. This move demonstrates the company's strategic layout in technology and capacity, enhancing market expectations for its future performance. The semiconductor industry is experiencing strong demand, driven by AI and data centers.
    

**Stocks with High Trading Volume in the Industry**

Applied Materials slightly fell 0.02% in the night market. Based on recent key news:

1.  On May 4, Applied Materials announced the acquisition of NEXX to expand its advanced packaging product portfolio. This move is seen as an important step for the company to enhance its competitiveness in the semiconductor field, which may positively impact its market position.
    
2.  On May 3, market analysis showed that although Applied Materials was rated as "moderate buy," top analysts preferred five other stocks. This may lead to a decrease in some investors' confidence in Applied Materials, affecting its stock performance.
    
3.  On May 2, competition in the global semiconductor equipment market intensified, with Chinese suppliers continuously increasing their market share, although global leaders like Applied Materials still hold a dominant position. This market dynamic may impact Applied Materials' long-term growth prospects. Competition in the semiconductor industry is intensifying, with significant changes in market share.
    

Teradyne rose 0.02% in the night market. Based on recent key news:

1.  On May 2, Teradyne's robotics business achieved sequential growth for the fourth consecutive quarter, with strong product testing performance in defense and aerospace demand. The company also established a joint venture, MLTP, and acquired TestInsight to expand its AI data center and semiconductor testing capabilities. These initiatives have strengthened market confidence in the company's future growth.
    
2.  On May 1, market analysis showed that although Teradyne is currently rated as "moderate buy" by analysts, top analysts believe there are five stocks that are more worthy of purchase. This rating may have some impact on investor confidence.
    
3.  On May 3, Teradyne's latest financial report did not meet market expectations, but long-term investors may view the recent stock price decline as a buying opportunity. The technology industry is experiencing strong growth, with rising AI demand.
    

FormFactor fell 2.09% in the night market. Based on recent news:

1.  On May 4, despite a significant pullback this week, FormFactor's stock has risen over 350% in the past year. This significant growth may lead some investors to take profits, resulting in a stock price decline
    
2.  On May 1st, an analysis report released by Simply Wall St highlighted the opportunities present in the market but did not take into account the latest announcements from price-sensitive companies or qualitative materials. This may lead to uncertainty in the market regarding FormFactor's short-term outlook, affecting its stock price.
    
3.  There have been no other significant news recently. The overall market performance is volatile, and attention should be paid to macroeconomic data

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- [AXTI.US](https://longbridge.com/en/quote/AXTI.US.md)
- [AMAT.US](https://longbridge.com/en/quote/AMAT.US.md)
- [TER.US](https://longbridge.com/en/quote/TER.US.md)
- [FORM.US](https://longbridge.com/en/quote/FORM.US.md)

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