What Will 2018 Bring for Intel Investors?
Over the past two years, Intel (INTC) has been undergoing a multiyear transition from the PC-centric business to data-centric businesses. Wall Street analysts expect Intel’s fiscal 2018 revenue to increase 3% YoY (year-over-year) to $63.8 billion. Intel currently supplies GSM (global system for mobile communications) modems, and Qualcomm (QCOM) supplies CDMA (code-division multiple access) modems for Apple’s (AAPL) iPhones.