Software Tech Sector

nLIGHT

Market Cap: US$3.4b

Engages in the design, development, manufacture, and sale of semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications.

Kulicke and Soffa Industries

Market Cap: US$3.4b

Designs, manufactures, and sells capital equipment and consumables in China, the United States, Taiwan, Malaysia, Japan, the Philippines, Korea, Hong Kong, and internationally.

Box

Market Cap: US$3.3b

Provides a cloud content management platform that enables organizations of various sizes to manage cloud content from anywhere and on any device in the United States, Poland, the United Kingdom, and internationally.

MARA Holdings

Market Cap: US$3.3b

Operates as an energy and digital infrastructure company in North America, the Middle East, Europe, and Latin America.

Softcat

Market Cap: UK£2.4b

Operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom.

RingCentral

Market Cap: US$3.2b

An agentic voice AI–powered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging.

Qualys

Market Cap: US$3.2b

Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.

Diodes

Market Cap: US$3.1b

Provides semiconductor products in Asia, the Americas, and Europe.

Life360

Market Cap: AU$4.5b

Operates a technology platform to locate people, pets, and things in North America, Europe, the Middle East, Africa, and internationally.

Impinj

Market Cap: US$3.0b

Operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Calix

Market Cap: US$3.0b

Engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Kyndryl Holdings

Market Cap: US$3.0b

Operates as a technology services company and IT infrastructure services provider in the United States, Japan, and internationally.

Q2 Holdings

Market Cap: US$3.0b

Provides digital solutions to financial institutions, financial technology companies, FinTechs, and alternative finance companies (Alt-FIs) in the United States.

SolarEdge Technologies

Market Cap: US$2.9b

Operates as an energy technology company in the United States, Europe, and internationally.

Axcelis Technologies

Market Cap: US$2.9b

Designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific.

Power Integrations

Market Cap: US$2.9b

Designs, develops, manufactures, and markets analog and mixed-signal integrated circuits, and other electronic components and circuitry used in high-voltage power conversion.

Ultra Clean Holdings

Market Cap: US$2.9b

Develops and supplies critical subsystems, components and parts, and cleaning and analytical services for the semiconductor industry in the United States and internationally.

Synaptics

Market Cap: US$2.9b

Develops, markets, and sells semiconductor products worldwide.

SoundHound AI

Market Cap: US$2.9b

Provides independent voice artificial intelligence (AI) solutions that enables businesses across the automotive, TV, IoT, and customer service industries to deliver conversational experiences to customers in the United States, Korea, France, Japan, Germany, and internationally.

AXT

Market Cap: US$2.8b

Designs, develops, manufactures, and distributes compound and single element semiconductor substrates.

Kinaxis

Market Cap: CA$4.0b

Provides cloud-based subscription software-as-a-service for supply chain operations in the United States, Europe, Asia, and Canada.

Adeia

Market Cap: US$2.8b

Operates as a media and semiconductor intellectual property licensing platform company in the United States, Asia, Canada, Europe, the Middle East, and internationally.

Diebold Nixdorf

Market Cap: US$2.7b

Engages in the automating, digitizing, and transforming the way people bank and shop worldwide.

Braze

Market Cap: US$2.7b

Operates a customer engagement platform that provides interactions between consumers and brands worldwide.

ACM Research

Market Cap: US$2.7b

Develops, manufactures, and sells capital equipment in Mainland China and internationally.

Varonis Systems

Market Cap: US$2.6b

Provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds.

Bel Fuse

Market Cap: US$2.6b

Designs, manufactures, markets, and sells products that power, protect, and connect electronic circuits.

Vishay Intertechnology

Market Cap: US$2.5b

Manufactures and sells discrete semiconductors and passive electronic components in the United States, Germany, rest of Europe, Israel, and Asia.

Photronics

Market Cap: US$2.4b

Engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally.

Teradata

Market Cap: US$2.4b

Provides an AI and knowledge platforms in the United States and internationally.

Freshworks

Market Cap: US$2.4b

A software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

NetScout Systems

Market Cap: US$2.3b

Provides service assurance and cybersecurity solutions to protect digital business services against disruptions in the United States, Europe, Asia, and internationally.

Crane NXT

Market Cap: US$2.3b

Operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers’ important assets.

Infleqtion

Market Cap: US$2.3b

Designs and builds quantum computers, precision sensors, and quantum software for governments, enterprises, and research institutions.

Bitdeer Technologies Group

Market Cap: US$2.3b

Operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, and Norway.

CleanSpark

Market Cap: US$2.2b

Operates as a bitcoin mining company in the Americas.