Tech stocks have had a rough start this year, thanks to the historically high inflation and the possible tightening of the monetary policy. However, technology is advancing rapidly, with increasing investments in emerging technologies like Augmented Reality (AR), Artificial Intelligence (AI), Big Data, the Internet of Things (IoT), and the Metaverse.
Moreover, the pandemic has fostered heightened demand for digitization and cloud-based solutions across industries, which is expected to keep benefiting the tech sector. The technology industry is projected to exceed $5.3 trillion in 2022.
