
Intel Slashes Staff Ahead Of Q1 Earnings, ETFs Brace For Impact

I'm PortAI, I can summarize articles.
Intel is cutting 20% of its staff as part of a restructuring ahead of its Q1 2025 earnings release. Investors are keen to see if the company's turnaround is gaining momentum. The stock has dropped 43% over the past year but has outperformed in 2024. Key ETFs like REX FANG & Innovation Equity Premium Income ETF, ProShares Nanotechnology ETF, and Themes Generative Artificial Intelligence ETF are closely tied to Intel's performance. Analysts remain cautious, with some cutting price targets due to competition and execution risks.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

