The US government intends to lower Intel Corp’s preliminary $8.5 billion federal chips grant to under $8 billion, according to a report by the New York Times on Sunday, citing anonymous sources. The reduction takes into account a $3 billion contract Intel received to manufacture chips for the Pentagon, the sources said. The original grant, which Intel was expected to claim next year, was supported by up to $11 billion in loans from the Commerce Department, along with a tax
