The U.S. government has taken a 10% stake in struggling U.S. chipmaker Intel, President Donald Trump announced in a social media post.

Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip plants in the U.S.

The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.