Retail Tech Sector

Belden

Market Cap: US$4.0b

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

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.

IPG Photonics

Market Cap: US$3.9b

Develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications.

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.

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.

CleanSpark

Market Cap: US$3.7b

Operates as a bitcoin mining company in the Americas.

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.

Megaport

Market Cap: AU$4.5b

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

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.

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.

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.

Benchmark Electronics

Market Cap: US$2.9b

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

Adeia

Market Cap: US$2.9b

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

NetScout Systems

Market Cap: US$2.9b

Provides carrier service assurance, cybersecurity, and Distributed Denial-of-Service (DDoS) solutions to protect digital business services against disruptions.