INTEL CORP — Director's Dealing 2007

Nov 13, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2007-11-09

Reporting Person: OTELLINI PAUL S (Director, PRESIDENT AND CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-09	COMMON	M	800000	$19.0938	Acquired	1515219.928	Direct
2007-11-09	COMMON	S	325	$25.04	Disposed	1514894.928	Direct
2007-11-09	COMMON	S	1850	$25.07	Disposed	1513044.928	Direct
2007-11-09	COMMON	S	1900	$25.08	Disposed	1511144.928	Direct
2007-11-09	COMMON	S	480	$25.09	Disposed	1510664.928	Direct
2007-11-09	COMMON	S	800	$25.10	Disposed	1509864.928	Direct
2007-11-09	COMMON	S	2350	$25.11	Disposed	1507514.928	Direct
2007-11-09	COMMON	S	11420	$25.12	Disposed	1496094.928	Direct
2007-11-09	COMMON	S	10600	$25.13	Disposed	1485494.928	Direct
2007-11-09	COMMON	S	12344	$25.14	Disposed	1473250.928	Direct
2007-11-09	COMMON	S	12685	$25.15	Disposed	1460465.928	Direct
2007-11-09	COMMON	S	5912	$25.16	Disposed	1454553.928	Direct
2007-11-09	COMMON	S	4000	$25.17	Disposed	1450553.928	Direct
2007-11-09	COMMON	S	4988	$25.18	Disposed	1445565.928	Direct
2007-11-09	COMMON	S	6600	$25.19	Disposed	1438965.928	Direct
2007-11-09	COMMON	S	3000	$25.20	Disposed	1435965.928	Direct
2007-11-09	COMMON	S	10166	$25.21	Disposed	1425799.928	Direct
2007-11-09	COMMON	S	5634	$25.22	Disposed	1420165.928	Direct
2007-11-09	COMMON	S	8100	$25.23	Disposed	1412065.928	Direct
2007-11-09	COMMON	S	23683	$25.24	Disposed	1388382.928	Direct
2007-11-09	COMMON	S	27100	$25.25	Disposed	1361282.928	Direct
2007-11-09	COMMON	S	13770	$25.26	Disposed	1347512.928	Direct
2007-11-09	COMMON	S	21806	$25.27	Disposed	1325706.928	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-09	COMMON	$19.0938	M	80000	Disposed	2007-11-12	COM.STK (80000)	Direct
2007-11-09	COMMON	$19.0938	M	160000	Disposed	2007-11-12	COM.STK (160000)	Direct
2007-11-09	COMMON	$19.0938	M	240000	Disposed	2007-11-12	COM.STK (240000)	Direct
2007-11-09	COMMON	$19.0938	M	320000	Disposed	2007-11-12	COM.STK (320000)	Direct

Footnotes

F1: Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the undersigned on July 21, 2006 that are intended to comply with Rule 10b5-1(c).

F2: Mr. Otellini holds 78,750 restricted stock units.