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Stock Market News

Intel suspends business operations in Russia

04/06/2022

Less than a minute

2022.04.06 04:51

Intel suspends business operations in Russia
FILE PHOTO: The Intel Corporation logo is seen on a display in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly

(Reuters) -Intel Corp is suspending all business operations in Russia, effective immediately, the U.S. chipmaker said on Tuesday, adding that it has implemented business continuity measures to minimize disruption to its global operations.

“Intel (NASDAQ:INTC) continues to join the global community in condemning Russia’s war against Ukraine and calling for a swift return to peace,” it added.

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04/06/2022

Less than a minute