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 better than expected 3Q17 with growth across all businesses along with excellent expense control.
From the Keeley All Cap Value Fund fourth quarter 2017 shareholder letter.
