Intel: Server Sales Strong

"Results from the Intel architecture business were a little better than seasonally typical," Bryant said in a conference call Tuesday with analysts. He said there was "significant year-to-year growth" in that part of the business.

Bryant and Intel President Paul Otellini spoke following the release of Intel's first-quarter earnings. The company saw a profit of 14 cents per share and sales of $6.8 billion, essentially in line with Wall Street expectations.

Shares of Intel rose on the news in after-hours trading. The company's stock was trading at $31.19 after hours, a gain of $1.68, or almost 6 percent, following Intel's earnings news.

Otellini said the "first quarter came in about as we expected," and that server revenue rose in the period. Otellini said the company would roll out new mobile Pentium 4 processors with higher clockspeeds during the coming quarter.

While channel inventory rose during the quarter, some availability remained tight, Otellini said.