Reuters previously reported on Nvidia pulling out of Russia. The president also moved to annex four occupied regions in Ukraine last month, drawing international condemnation. Putin has struggled to gain ground in Ukraine, and the mobilization of more troops has triggered an exodus of Russians trying to avoid being sent to the front lines. It later blamed the war for hurting its financial outlook. Nvidia was part of a wave of tech companies cutting off deliveries to Russia shortly after the invasion began in February. “All employees will be given the option of continuing their jobs in other countries.” The stock pulled back in early July, but the shares.

The shares of NVIDIA Corporation (NASDAQ: NVDA ) have. Following Nvidia 's (NASDAQ: NVDA) 4-for-1 stock split this week, Citigroup analyst Atif Malik raised his price target to 223, up from 180. “With recent developments, we can no longer operate effectively there,” the Santa Clara, California-based chipmaker said. The shares of NVIDIA Corporation (NASDAQ: NVDA ) have received a price target of 320 by Wells Fargo. Now it is “ceasing all activities” in the country, Nvidia said. Nvidia had already suspended shipments to Russia but kept a presence there “to support our employees and their families,” the company said in a statement Monday. (Bloomberg) - Nvidia Corp., the most valuable US chipmaker, is closing up operations in Russia after that country’s invasion of Ukraine entered its eighth month and President Vladimir Putin mobilized hundreds of thousands of reservists.

Nvda price target hike