Share sector review – technology

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What are the opportunities and risks of the enormous tech market? We take a closer look at the sector and what we think will be important to watch.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

14 September 2023

‘Tech’, ‘technology stocks’, ‘big tech’ – and everything in between, probably aren’t new phrases if you’ve read the business news in recent years.

But what is the tech sector?

Broadly, it includes businesses that sell goods and services related to computers and/or software. From physical equipment like personal electronics, to the chips that make them work. From social media platforms to the computer applications that host them. It spans a huge universe.

Past performance isn’t a guide to the future. Source: Refinitiv Eikon, global tech index 04/09/18 to 04/09/23.

The last few years have lit a fire underneath the tech sector. Mainly caused by the pandemic, companies and entire societies had to accelerate their digital transformations,