Telecom Tech Sector

nLIGHT

Market Cap: US$3.9b

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

Box

Market Cap: US$3.9b

Provides a cloud content management platform that enables organizations of various sizes to manage cloud content from anywhere and on any device in Poland, Australia, Canada, the European Union, France, Israel, Japan, Singapore, Switzerland, the United Kingdom, and the United States.

Life360

Market Cap: AU$5.6b

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

Impinj

Market Cap: US$3.9b

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

Extreme Networks

Market Cap: US$3.9b

Develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Lumine Group

Market Cap: CA$5.4b

Develops, installs, and customizes software, and related professional and support services worldwide.

Bel Fuse

Market Cap: US$3.8b

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

CleanSpark

Market Cap: US$3.7b

Operates as a bitcoin mining company in the Americas.

Itron

Market Cap: US$3.7b

A technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide.

Universal Display

Market Cap: US$3.7b

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.

Badger Meter

Market Cap: US$3.7b

Manufactures and markets flow measurement, quality, control, and communication solutions worldwide.

OSI Systems

Market Cap: US$3.6b

Designs and manufactures electronic systems and components in the United States and internationally.

Tenable Holdings

Market Cap: US$3.6b

Provides cyber exposure management solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Insight Enterprises

Market Cap: US$3.6b

Provides information technology, hardware, software, and services in the United States, rest of North America, Europe, Middle East, Africa, and the Asia-Pacific.

Cellebrite DI

Market Cap: US$3.5b

Develops software and services for legally sanctioned investigations in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Power Integrations

Market Cap: US$3.5b

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

Csquare

Market Cap: US$3.5b

Operates as a digital infrastructure platform that provides interconnection services.

Q2 Holdings

Market Cap: US$3.4b

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

CCC Intelligent Solutions Holdings

Market Cap: US$3.4b

Operates as a software as a service (SaaS) company for the property and casualty insurance economy in the United States and China.

monday.com

Market Cap: US$3.3b

Develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally.

Knowles

Market Cap: US$3.2b

Offers capacitors, radio frequency (RF) and microwave filters, balanced armature speakers, and medtech microphones in Asia, the United States, Europe, rest of Americas, and internationally.

Fastly

Market Cap: US$3.2b

Operates an edge cloud platform for processing, serving, and securing its customer’s applications in the United States, the Asia Pacific, Europe, and internationally.

Veeco Instruments

Market Cap: US$3.2b

Develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally.

Pony AI

Market Cap: US$3.1b

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

Diebold Nixdorf

Market Cap: US$3.1b

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

ChronoScale Holdings

Market Cap: US$3.1b

Designs and develops a compute platform to support artificial intelligence (AI) workloads.

Xanadu Quantum Technologies

Market Cap: CA$4.3b

Develops and provides photonic quantum computing technology and related software solutions and applications, including cloud-based access to quantum computers and tools for quantum programming and simulation.

Crane NXT

Market Cap: US$3.0b

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

Megaport

Market Cap: AU$4.4b

Provides on-demand interconnection services in Australia, New Zealand, Hong Kong, Singapore, Japan, the United States of America, Canada, Mexico, and Brazil, and Europe.

Ichor Holdings

Market Cap: US$3.0b

Engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in Singapore, the United States, Europe, and internationally.

AXT

Market Cap: US$3.0b

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

Benchmark Electronics

Market Cap: US$3.0b

Offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe.

Ambarella

Market Cap: US$3.0b

Develops low-power system-on-a-chip, semiconductors, and software for edge and physical artificial intelligence, applications, and intelligent automation.

Workiva

Market Cap: US$2.9b

Provides cloud-based reporting solutions in the United States and internationally.

Kingsoft Cloud Holdings

Market Cap: US$2.9b

Provides cloud services to businesses and organizations primarily in China.

Aehr Test Systems

Market Cap: US$2.9b

Provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, package part form, and installed systems in the United States, Asia, and Europe.