The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once one of America’s most important tech giants but which has since fallen on hard times.

Intel stock popped on Friday on a report the US government could take a stake in the ailing chip company.

Previous to Trump’s statement, four former directors of Intel published a commentary exclusive to Fortune, saying the company was likely to retreat as America’s chips champion. After the president’s statement, they advocated for a separation of Intel’s essential foundry business that’s so core to national security.