Intel suspends operations in Russia, calls for 'swift return to peace'
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Intel (NASDAQ:INTC) said late on Tuesday that it would become the latest company to suspend its operations or withdraw from Russia following its invasion of Ukraine.
"Intel continues to join the global community in condemning Russia's war against Ukraine and calling for a swift return to peace," the company said in a statement.

The company added that it was working to support its 1,200 Russian employees and has "business continuity measures to minimize disruption to our global operations."
Intel (INTC) shares were lower in late trading on Wednesday, falling slightly more than 1% to $47.61.
The Santa Clara, California-based semiconductor giant joins a list that includes companies such as Apple (AAPL), Nike (NKE), Coca-Cola (KO) and many others.
On Monday, Intel and Lockheed Martin (LMT) signed an agreement to advance 5G-capable communications.