The chip industry is starting to follow the big tech companies that have already taken sanctions against Russia following its invasion of Ukraine. Indeed, both Intel and AMD announced yesterday that they have now stopped shipping their chips in Russia and Belarus.
“Based on sanctions placed on Russia by the United States and other nations, at this time AMD is suspending its sales and distribution of our products into Russia and Belarus. It is all AMD products and products we power (PCs, etc) in Russia and Belarus,” an AMD representative said in an email to PCWorld.
Intel echoed AMD’s statement yesterday. “Intel condemns the invasion of Ukraine by Russia and we have suspended all shipments to customers in both Russia and Belarus,” the company said on its website. In addition to suspending all shipments to customers in Russia and Belarus, Intel also announced it was raising funds for relief efforts in the country.
“We are working to support all of our employees through this difficult situation, especially those with close ties to this region. We have launched an employee donation and matching campaign through the Intel Foundation that has already raised over $1.2 million for relief efforts, and we are proud of the work our teams in surrounding areas including Poland, Germany and Romania are doing to aid refugees,” Intel said yesterday.
It remains to be seen how the chip industry halting sales in Russia is going to affect the Russian economy. According to the Semiconductor Industry Association, “Russia is not a significant direct consumer of semiconductors, accounting for less than 0.1% of global chip purchases,” citing data from the World Semiconductor Trade Statistics (WSTS) organization. “In addition, the semiconductor industry has a diverse set of suppliers of key materials and gases, so we do not believe there are immediate supply disruption risks related to Russia and Ukraine,” the SIA added.