Gallium arsenide is the binary semiconductor , containing one gallium atom per arsenic atom in its ideal composition. Its common zinc-blende-related structure is distinct from a simple mixture of elemental gallium and arsenic.
Its direct band gap supports optical transitions useful in emitters and photodetectors. Crystal defects, doping, and interfaces affect device behaviour in addition to the bulk chemical formula.
[ref]
https://www.slac.stanford.edu/pubs/slacpubs/4500/slac-pub-4656.pdf. Primary GaAs photoemission account: direct-gap semiconductor and optical excitation
A zone-centre effective-mass description retaining the s-like conduction band, heavy-hole and light-hole branches of the p-like valence manifold, and the spin-orbit-split valence branch. Each named branch includes spin multiplicity; four bands does not mean four individual quantum states.
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This is apparently the most important III-V semiconductor, it seems to actually have some applications, see also: gallium arsenide vs silicon.