Materials Tech Sector

Extreme Networks

Market Cap: US$2.9b

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

Pony AI

Market Cap: US$2.9b

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

Kyndryl Holdings

Market Cap: US$2.9b

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

Intapp

Market Cap: US$2.8b

Through its subsidiary, Integration Appliance, Inc., provides AI-powered solutions in the United States, the United Kingdom, and internationally.

Cellebrite DI

Market Cap: US$2.8b

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

Benchmark Electronics

Market Cap: US$2.8b

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

SoundHound AI

Market Cap: US$2.8b

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.

ChronoScale Holdings

Market Cap: US$2.8b

Designs and develops a compute platform to support artificial intelligence (AI) workloads in the United States.

NetScout Systems

Market Cap: US$2.8b

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

Veeco Instruments

Market Cap: US$2.7b

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.

Braze

Market Cap: US$2.7b

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

Alarm.com Holdings

Market Cap: US$2.7b

Operates a platform for connected properties in North America and internationally.

Cohu

Market Cap: US$2.7b

Through its subsidiaries, provides semiconductor test equipment and services in the United States, Taiwan, China, Malaysia, the Philippines, Singapore, and internationally.

AvePoint

Market Cap: US$2.7b

Provides cloud-native data management software platform in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Xanadu Quantum Technologies

Market Cap: CA$3.6b

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.

Penguin Solutions

Market Cap: US$2.6b

Designs, builds, deploys and manages enterprise solutions worldwide.

Digi International

Market Cap: US$2.6b

Provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally.

Teradata

Market Cap: US$2.6b

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

Himax Technologies

Market Cap: US$2.6b

A fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, Korea, Japan, the United States, Mexico, and internationally.

NextNav

Market Cap: US$2.6b

Provides positioning, navigation, and timing (PNT) solutions in the United States.

Ouster

Market Cap: US$2.5b

Engages in the production and sale of lidar sensor kits for the automotive, industrial, robotics, and smart infrastructure industries in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.

Appian

Market Cap: US$2.5b

Operates as a software company in the United States, Australia, Canada, France, Germany, India, Italy, Japan, Mexico, the Netherlands, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and internationally.

Rogers

Market Cap: US$2.4b

Designs, develops, manufactures, and sells engineered materials and components in the United States, other Americas, China, other Asia Pacific countries, Germany, Europe, the Middle East, and Africa.

ePlus

Market Cap: US$2.4b

Provides information technology (IT) solutions that enable organizations to optimize IT environment and supply chain processes in the United States and internationally.

nLIGHT

Market Cap: US$2.3b

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

Five9

Market Cap: US$2.3b

Provides intelligent cloud software for contact centers in the United States and internationally.

LiveRamp Holdings

Market Cap: US$2.3b

A technology company, operates a data collaboration platform in the United States, Europe, the Asia-Pacific, and internationally.

nCino

Market Cap: US$2.2b

A software-as-a-service company, provides software solutions to financial institutions in the United States, the United Kingdom, and internationally.

Diebold Nixdorf

Market Cap: US$2.2b

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

Calix

Market Cap: US$2.2b

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.

Keel Infrastructure

Market Cap: US$2.2b

Operates digital and energy infrastructure with focus on high-performance computing (HPC) and artificial intelligence (AI) workloads in North America, Canada, and the United States.

Alkami Technology

Market Cap: US$2.2b

Provides a cloud-based digital sales and service platform for financial institutions in the United States.

PC Connection

Market Cap: US$2.2b

Provides various information technology (IT) solutions worldwide.

Ichor Holdings

Market Cap: US$2.1b

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.

SolarEdge Technologies

Market Cap: US$2.1b

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

SharonAI Holdings

Market Cap: US$2.1b

Operates as a computing company specializing in accelerated compute platforms, AI infrastructure, and cloud GPU environments.