Materials Tech Sector

Amdocs

Market Cap: US$7.4b

Through its subsidiaries, provides software and services to communications, entertainment, media, and other service providers worldwide.

FormFactor

Market Cap: US$7.3b

Designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States and internationally.

Cirrus Logic

Market Cap: US$7.2b

A fabless semiconductor company, develops mixed-signal processing solutions and audio products in China, the United States, and internationally.

GPGI

Market Cap: US$7.1b

Operates as a diversified, multi-industry compounder comprised of companies in various industries.

Camtek

Market Cap: US$7.1b

Develops, manufactures, and sells inspection and metrology equipment for semiconductor industry in the United States, China, Korea, Europe, and the Asia Pacific.

D-Wave Quantum

Market Cap: US$7.0b

Develops and delivers quantum computing systems, software, and services worldwide.

Clearwater Analytics Holdings

Market Cap: US$6.9b

Develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.

Pegasystems

Market Cap: US$6.9b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Silicon Laboratories

Market Cap: US$6.8b

A fabless semiconductor company, provides mixed-signal analog intensive products in the United States, China, Taiwan, and internationally.

TeraWulf

Market Cap: US$6.7b

Operates as a digital asset technology company in the United States.

Cipher Mining

Market Cap: US$6.5b

Develops and operates industrial-scale data centers in the United States.

Elastic

Market Cap: US$6.4b

A search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally.

Dolby Laboratories

Market Cap: US$6.4b

Engages in the design and manufacture of audio, imaging, accessibility, and other hardware and software solutions for television, broadcast, and live entertainment industries in the United States and internationally.

Dropbox

Market Cap: US$6.3b

Provides a content collaboration platform in the United States and internationally.

NEXTDC

Market Cap: AU$9.0b

Develops and operates data centers in Australia and the Asia-Pacific region.

Viasat

Market Cap: US$6.3b

Provides broadband and communications products and services in the United States and internationally.

AppFolio

Market Cap: US$6.3b

Provides cloud-based platform for the real estate industry in the United States.

IPG Photonics

Market Cap: US$6.3b

Develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in materials processing, medical, and advanced applications worldwide.

JFrog

Market Cap: US$6.3b

Provides software supply chain platform in the United States, Israel, India, and internationally.

Pony AI

Market Cap: US$6.2b

Through its subsidiaries, engages in the autonomous mobility business in the People’s Republic of China, the United States, and internationally.

Viavi Solutions

Market Cap: US$6.1b

Provides network test, monitoring, and assurance solutions for telecommunications, cloud, enterprises, first responders, military, aerospace, and critical infrastructures in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.

Universal Display

Market Cap: US$6.0b

Engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications.

UiPath

Market Cap: US$6.0b

Provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally.

Vontier

Market Cap: US$6.0b

Provides mobility ecosystem solutions worldwide.

Belden

Market Cap: US$5.9b

Provides connection solutions to bring data infrastructure into alignment to unlock new possibilities for its customers.

Open Text

Market Cap: US$5.9b

Designs, develops, markets, and sells information management software and solutions in North, Central, and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China.

DigitalOcean Holdings

Market Cap: US$5.8b

Through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally.

OneStream

Market Cap: US$5.8b

OneStream, Inc. delivers a unified, AI-enabled, and extensible software platform in the United States and internationally.

Enphase Energy

Market Cap: US$5.8b

Designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally.

ServiceTitan

Market Cap: US$5.7b

Provides an end-to-end cloud-based software platform in the United States and Canada.

Klaviyo

Market Cap: US$5.6b

Provides a cloud-based software-as-a-service platform in the United States, rest of the Americas, the Asia-Pacific, the United Kingdom, rest of Europe, the Middle East, and Africa.

Descartes Systems Group

Market Cap: CA$7.6b

Provides global logistics technology solutions worldwide.

Hut 8

Market Cap: US$5.5b

Operates as a vertically integrated operator of energy infrastructure and Bitcoin miners in North America.

Core Scientific

Market Cap: US$5.4b

Provides digital asset mining services in the United States.

Avnet

Market Cap: US$5.4b

Distributes electronic component technology in the Americas, Europe, the Middle East, Africa, and Asia/Pacific.

Mirion Technologies

Market Cap: US$5.4b

Provides radiation detection, measurement, analysis, and monitoring products and services in North America, Europe, and the Asia Pacific.