:Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker to adjust for a $3 billion deal with the Pentagon, two sources familiar with the matter said on Monday. The sources said Intel was likely to lose less funding than had been reported in the media on Sunday and its shares rose 3 per cent by midday. The $8.5 billion in direct grants were part of a larger package of loan guarantees, tax incentives and other measures announced in March. Reuters