Intel Corp. (NASDAQ:INTC) engages in the design, manufacture, and sale of computer, networking, and communications platforms that power the cloud and the connected world. The company has been in the process of transforming its business away from its mature, slower growing personal computer (PC) exposure to higher growth data center, communications and memory markets. After several lackluster quarters, Intel posted a second consecutive quarter of strength, led by server growth in Data Centers.
From Keeley All Cap Value Fund 1st quarter 2018 shareholder letter.
