The US government takes a 9.9% stake in Intel with an $8.9B investment, but analysts warn funding alone may not save its struggling foundry business amid yield challenges and weak customer demand.

The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump administration, underlines how even the mightiest in tech can fall.

The U.S. Government will make an $8.9 billion investment in Intel as part of an agreement with the Trump Administration, the company announced Friday. “Intel is excited to welcome the United States of America as a shareholder,

Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by a Republican administration.”

Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U.S. government is taking a nearly 10% stake in troubled chipmaker. The investment would cap a two-week frenzy in Washington over the future of the company.