The company reported full-year revenue of $55.9 billion, operating income of $15.3 billion, net income of $11.7 billion and EPS of $2.31. The company generated approximately $20.4 billion in cash from operations, paid dividends of $4.4 billion, and used $10.8 billion to repurchase 332 million shares of stock.

"The fourth quarter was a strong finish to a record year," said Intel CEO Brian Krzanich. "We met or exceeded several important goals: reinvigorated the PC business, grew the Data Center business, established a footprint in tablets, and drove growth and innovation in new areas. There is more to do in 2015. We?ll improve our profitability in mobile, and keep Intel focused on the next wave of computing. "

For the fourth-quarter, Intel posted revenue of $14.7 billion, operating income of $4.5 billion, net income of $3.7 billion and EPS of $0.74. The company generated approximately $5.8 billion in cash from operations, paid dividends of $1.1 billion and used $4.0 billion to repurchase 115 million shares of stock.

For the full year 2014, Intel saw the revenue of its PC, data center, software and Internet of Things businesses to rise from 2013. But the company's Mobile and Communications Group revenue was down 85 percent from 2013.

Revenue from the PC business, however, fell about 3 percent to $8.9 billion in the fourth quarter from the third.

For 2015 overall, Intel is projecting revenue "growth in the mid-single digit percentage points."

"In 2015 we're predicting kind of flat, nothing spectacular but stable, is how I would call it," said Intel Chief Financial Officer Stacy Smith.