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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.”

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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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