The 50T65 is rated at 50A continuous.
"Maximum" or "peak" current are for short duration pulses, often how much they can take for eg. 10mS.
They are the threshold-of-destruction figures, not operational values.
See the headline data in the datasheet here: 650V 50a.
FGH50T65UPD datasheet, FGH50T65UPD igbt equivalent, Fairchild Semiconductor, Features and benefits, Stock and price
It's also part the device name; 50A & 65(0) volts, as with the 60N60: 60A & 60(0) volts.