{"id":880721,"date":"2024-11-26T08:51:38","date_gmt":"2024-11-26T03:21:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=880721"},"modified":"2024-11-26T08:52:31","modified_gmt":"2024-11-26T03:22:31","slug":"us-plans-to-reduce-intels-8-5-billion-federal-chips-grant-below-8-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/26\/us-plans-to-reduce-intels-8-5-billion-federal-chips-grant-below-8-billion\/","title":{"rendered":"US plans to reduce Intel\u2019s $8.5 billion federal chips grant below $8 billion"},"content":{"rendered":"<p>The U.S. government plans to reduce Intel Corp\u2019s preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources. <\/p>\n<p>The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the Times. <\/p>\n<p>This spring U.S. President Joe Biden\u2019s administration said it was awarding Intel nearly $20 billion in grants and loans, supercharging the company\u2019s domestic semiconductor chip output and marking the government\u2019s largest outlay to subsidize leading-edge chip production.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. government plans to reduce Intel Corp\u2019s 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. This spring U.S. President Joe Biden\u2019s administration said it was awarding Intel nearly $20 billion in grants and loans, supercharging the company\u2019s domestic semiconductor chip output and marking the government\u2019s largest outlay to subsidize leading-edge chip production.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-880721","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/880721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=880721"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/880721\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=880721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=880721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=880721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}