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6 Apr, 2022 08:40

US tech giant joins mass exodus of Western firms from Russia

Intel suspends business operations over Moscow’s military operation in Ukraine
US tech giant joins mass exodus of Western firms from Russia

US chip-making giant Intel has suspended all business operations in Russia, citing Moscow’s military operation in Ukraine as the key reason for its decision.

The California-based company said in a statement that it would support its 1,200 employees in Russia and “[implement] business continuity measures to minimize disruption to our global operations.”

Last month, Intel announced it had stopped shipments to customers in Russia and Belarus.

The company has joined a growing number of Western tech corporations taking similar steps, including Apple, AMD, Adobe, General Electric, and IBM.

For more stories on economy & finance visit RT's business section

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