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Nvidia to Cease All Russia Operations as Ukraine War Rages On

Bloomberg business news
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Nvidia Corp., the most valuable US chipmaker, is closing up operations in Russia after that country’s invasion of Ukraine entered its eighth month and President Vladimir Putin mobilized hundreds of thousands of reservists. 

Nvidia had already suspended shipments to Russia but kept a presence there “to support our employees and their families,” the company said in a statement Monday. Now it is “ceasing all activities” in the country, Nvidia said.