INTEL CORP — Director's Dealing 2007

Nov 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2007-11-06

Reporting Person: PERLMUTTER DAVID (SR. VP, MOBILITY GROUP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-06	COMMON	M	200000	$21.3125	Acquired	213780.503	Direct
2007-11-06	COMMON	S	190000	$27.31	Disposed	23780.503	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-06	Employee Option(right to buy)	$21.3125	M	40000	Disposed	2008-09-16	COM.STK (40000)	Direct
2007-11-06	Employee Option(right to buy)	$21.3125	M	80000	Disposed	2008-09-16	COM.STK (80000)	Direct
2007-11-06	Employee Option(right to buy)	$21.3125	M	80000	Disposed	2008-09-16	COM.STK (80000)	Direct

Footnotes

F1: Transactions that may be effected as reported on this Form 4 are being made pursuant to trading instructions adopted by the undersigned on August 3, 2007, and as amended on November 2, 2007, that are intended to comply with Rule 10b5-1(c).

F2: Mr. Perlmutter holds 52,500 restricted stock units.