Semiconductor Exports to Russia Said to Have Plunged by 90 Percent After Curbs Following Ukraine Invasion

Semiconductor Exports to Russia Said to Have Plunged by 90 Percent After Curbs Following Ukraine Invasion

ByNews Polite

Global exports of semiconductors to Russia have plummeted by 90 percent since the United States and allies slapped export controls on Moscow over its invasion of Ukraine, US Commerce Secretary Gina Raimondo said on Wednesday. Raimondo, speaking at an annual Commerce Department conference, also said that controls placed on Russia’s…