US chipmaker is latest firm to exit the country following Moscowâ€™s invasion of Ukraine.
US chipmaker Intel Corp said on Tuesday it has suspended business operations in Russia, joining a slew of companies to exit the country following its invasion of Ukraine.
The company, which had suspended shipments to customers in Russia and Belarus last month, said it has implemented business continuity measures to minimize disruption to its global operations.
â€œIntel continues to join the global community in condemning Russiaâ€™s war against Ukraine and calling for a swift return to peace,â€ the company said.
International Business Machines Corp earlier suspended shipments as Ukraine urged US cloud-computing and software companies to cut ties with Russia.
Servers from IBM, Dell Technologies and Hewlett Packard Enterprise Co top the market in Russia, where companies and government agencies have relied on technology developed by the West as the basis for their owned-and-operated IT systems.