US chipmaker Intel Corp said on Tuesday it has suspended business operations in Russia, joining several companies to pull out of the country following Ukraine’s invasion. The company, which last month suspended shipments to customers in Russia and Belarus, said it has implemented business continuity measures to minimize disruption to its global operations.
“Intel continues to join the global community in condemning Russia’s war against Ukraine and calling for a speedy return to peace,” the company said.
International Business Machines Corp also suspended shipments as Ukraine urged US cloud-computing and software companies to cut trade with Russia. Servers from IBM, Dell Technologies Inc. and Hewlett Packard Enterprise Company top the market in Russia, where companies and government agencies rely on technology developed by the West as the basis for their owned and operated IT systems.