Nvidia Chip Shipments To Russia Cut Off Company Says

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Nvidia Chip Shipments to Russia Cut Off, Company Says

GPU Maker Joins Wave of Tech Companies Curtailing Business in Country Over Ukraine Invasion

Nvidia Corp. said it has stopped selling chips to Russia, joining a growing number of tech companies cutting off the country over its invasion of Ukraine.

The Santa Clara, Calif.-based company said in a statement on Saturday that it is "deeply concerned about the invasion of Ukraine and the resulting humanitarian crisis." Nvidia said it is working with partners to provide support to employees, customers and partners affected by the conflict.

Nvidia's decision to stop selling chips to Russia is a significant blow to the country's tech industry. Nvidia is one of the world's leading makers of graphics processing units, or GPUs, which are used in a wide range of applications, including gaming, artificial intelligence and data centers.

The company's move comes as a growing number of tech companies are taking action against Russia in response to the invasion of Ukraine.

Other Tech Companies Curtailing Business in Russia:

The tech industry's response to the invasion of Ukraine is a sign of the growing global condemnation of Russia's actions. The tech industry is a major economic force in Russia, and the departure of these companies is likely to have a significant impact on the country's economy.