AXT INC — Director's Dealing 2005

May 10, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2005-05-10

Reporting Person: CHEN JESSE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-10	Common Stock	A	5200	$1.22	Acquired	23959	Direct