Intel expects reduced US grant after winning Pentagon contract

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Amount adjusted to factor in new US$3 billion deal.

Intel expects reduced US grant after winning Pentagon contract
Intel expects a reduction from the $8.5 billion ($13 billion) preliminary US subsidies planned for the chipmaker to adjust for a US$3 billion deal with the Pentagon, two sources familiar with the matter said. The US$8.5 billion in direct grants were part of a larger package of loan guarantees, ...

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