INTEL CORP — Director's Dealing 2007

Feb 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2007-01-31

Reporting Person: SODHANI ARVIND (SR VICE PRES; PRES INTEL CAP.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-31	COMMON	M	50000	$17.42	Acquired	315591	Direct
2007-01-31	COMMON	S	25000	$20.95	Disposed	290591	Direct
2007-01-31	COMMON	S	25000	$21.00	Disposed	265591	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-31	Employee Option (right to buy)	$17.42	M	50000	Disposed	2007-04-22	CMN.STK (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	4000	Indirect
COMMON	32	Indirect

Footnotes

F1: Mr. Sodhani also holds 21,250 restricted stock untis.