U.S. 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.
International Business Machines Corp too had suspended shipments as Ukraine urged U.S. cloud-computing and software companies to cut off business with Russia.
Servers from IBM, Dell Technologies Inc 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.
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