
While the tech industry is under pressure due to the macroeconomic challenges, its long-term prospects look bright. So, investors could look to buy fundamentally solid tech stocks, Science Applications International Corporation (SAIC), Teradata Corporation (TDC), and Celestica Inc. (CLS).
According to the most recent Gartner, Inc. prediction, global IT spending would hit $4.6 trillion in 2023, a 5.5% rise from 2022.