Nvidia Stops All Activity in Russia, Shutting Offices
Nvidia had stopped shipping to the country in March.
Nvidia has announced that it will close its remaining offices in Russia. The move comes six months after the firm decided to cease product shipments to the country. No precise reasoning about the timing of this decision was divulged, but the Wall Street Journal reports that Nvidia signaled this significant move was precipitated by recent events related to Ukraine.
Since March, Nvidia’s presence in Russia has been quite limited. According to the WSJ report, Russia-based employees will be given the opportunity to continue their work for the green team in another country.
The complete withdrawal of Nvidia from Russian business could potentially mean forgoing participation in a market that traditionally contributed about 2% to the firm’s revenues.
Tom’s Hardware has previously reported on other big PC tech companies withdrawing sales and other business activities from Russia since the conflict began. AMD, Intel, Microsoft, HP, IBM, Asus and others have all withdrawn from Russia by various degrees since March. Russia is also having a hard time finding willing chip foundries to supply desirable semiconductor components to power its war machines.
Recently, Russia has been escalating its tactics in its invasion of Ukraine, with the country mobilizing in an attempt to call about 300,000 men to its armed forces. The country has also annexed four regions in Ukraine, though it doesn't actually control any of them in full.
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Mark Tyson is a news editor at Tom's Hardware. He enjoys covering the full breadth of PC tech; from business and semiconductor design to products approaching the edge of reason.
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BX4096 The state TV is already touting it as another huge win for the Russian abacus industry.Reply
"Yeah, well... We're gonna go build our own hardware company, with vodka and hookers. In fact, forget the company!" -
OK, I'm only going to make this announcement once. Keep the politics out of this discussion entirely or the thread will be closed and sanctions handed out.Reply
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escksu Oh ok.... but doubt its anything new.... I reckon they will buy from China instead.Reply
Thats pretty much whats happening now. Russia is buying lots of electronic stuff from China, including iphones and other computer stuff.
Chinese cmpanies are now moving into Russia market. -
samopa "The complete withdrawal of Nvidia from Russian business could potentially mean forgoing participation in a market that traditionally contributed about 2% to the firm’s revenues. "Reply
Two percent sounds minuscule, but considering how big NVidia revenue (not profit) is, it meant significant number of dollar. that can translate into significant number of paychecks. Hope that no one that worked at NVidia in US or other country got fired :rolleyes: -
scottscholzpdx Cant imagine this changes their bottom line at all. By and large the Russian people are very poor.Reply -
Geef Saying your not selling to Russia does ZERO to someone deciding whether to buy a Nvidia card or a different card. They did this for political points. Nothing more. Otherwise they would have just stopped selling them there and not said anything.Reply -
AlexSpirit Replyescksu said:Oh ok.... but doubt its anything new.... I reckon they will buy from China instead.
Thats pretty much whats happening now. Russia is buying lots of electronic stuff from China, including iphones and other computer stuff.
Chinese cmpanies are now moving into Russia market.
You're right. I live in Russia. Absolutely everything is on sale. Prices for gadgets, laptops, smartphones have fallen by about 20 percent since the beginning of the year. I bought an MSI 3060 graphics card cheaper than NVIDIA's recommended prices.