It’s good news for tech tomorrow. Intel reported one of the most profitable quarters in its history! Intel said its fourth-quarter profit surged nearly 10-fold from the depressed year-earlier period, as revenue jumped 28%. Intel’s gross profit margin hit an all-time record — 65%!

Intel’s results also included a 42% jump in microprocessor sales by its data center group, which means that corporate server system purchases are also going up.

“We started the year in one of the deepest recessions in our history and emerged from it with better products and technology driving new demand for computing world-wide,” said Paul Otellini, Intel’s chief executive officer, during a conference call with analysts.

For the quarter ended Dec. 26, Intel reported income of $2.28 billion, or 40 cents a share, compared with profit in the year-earlier period of $234 million, or four cents. Revenue rose to $10.57 billion from $8.23 billion. Analysts expected 30 cents per share earnings on the sales of $10.17 billion.

Related Link: Intel outlook points to PC Industry recovery