The company reported net income of US$3.4 billion for the quarter ended on Dec. 25, up by 48 percent compared to the same quarter last year. Earnings per share were $0.59, beating the consensus estimate of $0.53 from analysts polled by Thomson Reuters.

Intel reported revenue of $11.5 billion, an increase of 8 percent compared to the same quarter last year. Analysts had expected revenue to be $11.37 billion.

Intel's Data Center Group recorded $2.5 billion in revenue for the quarter, compared to $2 billion in revenue during last year's fourth quarter. The Data Center Group offers products for servers, storage and workstations.

"The enterprise market segment was strong, specifically the server segment, as a result of strength in both the corporate and data

center segments," said Stacy Smith, Intel's chief financial officer, (PDF).