Supply chain disruptions and record-high inflation are already hurting the tech industry’s growth. And now it is reeling from souring investor sentiment on their expectation of aggressive interest rate hikes this year. While some large tech companies have reported impressive fourth-quarter earnings, the industry is projected to suffer significant losses in the near term.
While the continuing digitization and hybrid working trends are expected to drive the industry’s growth and help big players perform steadily in the near term, the overall industry might experience deteriorating financials in the near future.
