US Plans to Reduce Intel's $8.5 Billion Federal Chips Grant Below $8 Billion - New York Times
(Reuters) - The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources. The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the Times.