INTEL CORP — Director's Dealing 2007

Jan 4, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2006-12-29

Reporting Person: BARSHEFSKY CHARLENE (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-29	Phantom Share Units	$0	A	953.028	Acquired		CMN. STK. (953.028)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	3100	Indirect

Footnotes

F1: Ambassador Barshefsky owns directly 6,550 phantom share units acquired under the Deferral Plan for Outside Directors

F2: The conversion rate is 1-of-1

F3: Date Exercisable and Expiration Date are the reporting person's retirement date which is currently unknown.

F4: Ambassador Barshefsky holds 39,000 options with the right to buy Intel Corporation common stock