INTEL CORP — Director's Dealing 2007

Jan 30, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2007-01-29

Reporting Person: GELSINGER PATRICK P (SR VICE PRES DIG ENT GRP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-29	COMMON	M	36000	$17.42	Acquired	289468	Direct
2007-01-29	COMMON	S	27600	$20.71	Disposed	261868	Direct
2007-01-29	COMMON	S	8400	$20.72	Disposed	253468	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-29	Employee Option (right to buy)	$17.42	M	27600	Disposed	2007-04-22	CMN.STK (27600)	Direct
2007-01-29	Employee Option (right to buy)	$17.42	M	8400	Disposed	2007-04-22	CMN.STK (8400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	77477	Indirect
COMMON	4869	Indirect
COMMON	3635	Indirect
COMMON	6269	Indirect
COMMON	6409	Indirect
COMMON	1185	Indirect

Footnotes

F1: Mr. Gelsinger also holds 21,250 restricted stock units.