Nvidia says it is ceasing all activities in Russia, relocating employees
FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith
(Reuters) - U.S. chipmaker Nvidia Corp said on Monday it is ceasing all activities in Russia and giving employees there the option of continuing their jobs in other countries.
"After previously suspending shipments to the country, we had continued to maintain our office to support our employees and their families. With recent developments, we can no longer operate effectively there," it said in an emailed statement.
(Reporting By Jane Lanhee Lee; Editing by Chris Reese)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nvidia CEO says CoreWeave needs no backstop as shares extend slide
- KeyBanc downgrades Workday, sees limited near-term AI contribution
- Active options: NVDA CRWV SPCX TSLA INTC MU AAPL IREN AMD
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share