Intel Corp
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Information Technology : Semiconductors & Semiconductor Equipment | Large Cap Value
Company profile

Intel Corporation is engaged in designing and manufacturing products and technologies. The Company's segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Mobileye, Non-Volatile Memory Solutions Group (NSG) and Programmable Solutions Group (PSG). The CCG segment is focused on long-term operating system, system architecture, hardware, and application integration that enable PC experiences. The DCG segment develops workload-optimized platforms for compute, storage, and network functions. The IOTG segment develops high-performance compute platforms that solve the technology needs for business use cases that scale across vertical industries and embedded markets. The Mobileye segment provides driving assistance and self-driving solutions. The NSG segment provides memory and storage products based on Intel 3D NAND technology. The PSG segment offers programmable semiconductors, primarily FPGAs, structured ASICs, and related products.

Closing Price
Day's Change
0.85 (2.46%)
B/A Size
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NCR suspends all product sales in Russia, stock bounces off 1-year low

2:06 pm ET March 8, 2022 (MarketWatch)

Shares of NCR Corp. (NCR) shot up 4.6% in afternoon trading Tuesday, after the provider of technology that helps run stores, restaurants and self-directed banking said it has suspended sales of all of its products in Russia in the wake of the country's invasion of Ukraine. The stock had slumped 14.2% since the invasion started through Monday's close, which was a one-year low. NCR said revenue in Russia and Ukraine combined represent about 1% of total revenue, which was $7.16 billion in 2021. "We condemn this unjustified invasion and call for an immediate and peaceful resolution to this humanitarian crisis," NCR said in a statement. "As a company, we are committed to the safety of our employees in Ukraine and are in constant contact with our teams to offer support in many forms, including to those in Ukraine who need to evacuate or choose to stay and protect their country from this aggression." NCR shares have tumbled 18.7% over the past three months while the S&P 500 has shed 10.8%.

-Tomi Kilgore


(END) Dow Jones Newswires

March 08, 2022 14:06 ET (19:06 GMT)

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