Intel Slashes Staff Ahead Of Q1 Earnings, ETFs Brace For Impact
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 24 2025
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Source: Benzinga
Intel's Restructuring and Layoffs: Intel is cutting 20% of its workforce as part of a restructuring plan under new CEO Lip-Bu Tan, aiming to enhance engineering capabilities and accelerate innovation in AI and foundry services. The company's upcoming earnings report will be crucial for assessing its turnaround strategy.
Impact on ETFs: Intel's performance is closely tied to several ETFs, including FEPI, TINY, and WISE, which could see significant gains or losses based on the company's earnings and AI strategy amidst competition from rivals like Nvidia and AMD.
Analyst Views on FEPI
Wall Street analysts forecast FEPI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FEPI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 44.760
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Current: 44.760
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
