INTEL CORP — Director's Dealing 2007

Jan 25, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2007-01-23

Reporting Person: YOFFIE DAVID B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-23	COMMON	M	20000	$20.45	Acquired	171400	Direct
2007-01-23	COMMON	S	20000	$20.70	Disposed	151400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-23	Employee Option (right to buy)	$20.45	M	20000	Disposed	2007-05-21	CMN.STK (20000)	Direct

Footnotes

F1: Dr. Yoffie also holds 10,220 restricted stock units.