Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Smith Stacy J
2. Date of Event Requiring Statement (Month/Day/Year)
10/16/2007
3. Issuer Name and Ticker or Trading Symbol
INTEL CORP [INTC]
(Last)
(First)
(Middle)
2200 MISSION COLLEGE BLVD., MS SC4-203
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SANTA CLARA, CA 95054
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) 10/14/2007 10/14/2011 COM.STK 15,000 $ 20.75 D  
Employee Stock Option (right to buy) 10/14/2008 10/14/2011 COM.STK 15,000 $ 20.75 D  
Employee Stock Option (right to buy) 10/14/2009 10/14/2011 COM.STK 15,000 $ 20.75 D  
Employee Stock Option (right to buy) 10/14/2010 10/14/2011 COM.STK 15,000 $ 20.75 D  
Employee Stock Option (right to buy) 04/21/2006 04/21/2012 COM.STK 10,200 $ 23.16 D  
Employee Stock Option (right to buy) 04/21/2007 04/21/2012 COM.STK 10,200 $ 23.16 D  
Employee Stock Option (right to buy) 04/21/2008 04/21/2012 COM.STK 10,200 $ 23.16 D  
Employee Stock Option (right to buy) 04/21/2009 04/21/2012 COM.STK 10,200 $ 23.16 D  
Employee Stock Option (right to buy) 04/21/2007 04/21/2013 COM.STK 22,500 $ 19.51 D  
Employee Stock Option (right to buy) 04/21/2008 04/21/2013 COM.STK 22,500 $ 19.51 D  
Employee Stock Option (right to buy) 04/21/2009 04/21/2013 COM.STK 22,500 $ 19.51 D  
Employee Stock Option (right to buy) 04/21/2010 04/21/2013 COM.STK 22,500 $ 19.51 D  
Employee Stock Option (right to buy) 01/18/2012 01/18/2017 COM.STK 45,000 $ 20.7 D  
Employee Stock Option (right to buy) 04/19/2008 04/19/2014 COM.STK 40,000 $ 21.52 D  
Employee Stock Option (right to buy) 04/19/2009 04/19/2014 COM.STK 40,000 $ 21.52 D  
Employee Stock Option (right to buy) 04/19/2010 04/19/2014 COM.STK 40,000 $ 21.52 D  
Employee Stock Option (right to buy) 04/19/2011 04/19/2014 COM.STK 40,000 $ 21.52 D  
Restricted Stock Units 04/21/2007(2) 04/21/2007(2) COM.STK 1,750 $ 0 (1) D  
Restricted Stock Units 04/21/2008(2) 04/21/2008(2) COM.STK 1,750 $ 0 (1) D  
Restricted Stock Units 04/21/2009(2) 04/21/2009(2) COM.STK 1,750 $ 0 (1) D  
Restricted Stock Units 04/21/2010(2) 04/21/2010(2) COM.STK 1,750 $ 0 (1) D  
Restricted Stock Units 01/18/2012(2) 01/18/2012(2) COM.STK 6,500 $ 0 (1) D  
Restricted Stock Units 04/19/2008(2) 04/19/2008(2) COM.STK 5,750 $ 0 (1) D  
Restricted Stock Units 04/19/2009(2) 04/19/2009(2) COM.STK 5,750 $ 0 (1) D  
Restricted Stock Units 04/19/2010(2) 04/19/2010(2) COM.STK 5,750 $ 0 (1) D  
Restricted Stock Units 04/19/2011(2) 04/19/2011(2) COM.STK 5,750 $ 0 (1) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Smith Stacy J
2200 MISSION COLLEGE BLVD.
MS SC4-203
SANTA CLARA, CA 95054
      Chief Financial Officer  

Signatures

Stacy Smith 10/16/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
(2) Unless earlier forfeited under the terms of the RSU, 25% of the award vests and converts into common stock on each anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
 
Remarks:
2 of 2 Forms 3

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