US plans to reduce Intel’s $8.5 billion federal chips below $8 billion

US plans to reduce Intel’s .5 billion federal chips below  billion

(Reuters) – The U.S. government plans to reduce Intel Corp’s initial $8.5 billion chip chip deal to less than $8 billion, the New York Times reported on Sunday citing unnamed sources. The change reflected a $3 billion contract Intel had been awarded to make chips for the Pentagon, the people told the Times. This spring, … Read more