Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
BAKER ROBERT JAYMES
   2. Issuer Name and Ticker or Trading Symbol
INTEL CORP [INTC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SR VP, GM TECH & MFG GRP
(Last)
(First)
(Middle)
INTEL CORPORATION, 2200 MISSION COLLEGE BLVD.		 3. Date of Earliest Transaction (Month/Day/Year)
10/30/2009
(Street)

SANTA CLARA, CA 95054		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 25.6875 10/30/2009   D     13,679 03/21/2002(1) 03/21/2011 Common Stock 13,679 (2) 0 D  
Employee Stock Option (Right to Buy) $ 25.6875 10/30/2009   D     1,319 03/21/2002(1) 03/21/2011 Common Stock 1,319 (3) 0 D  
Employee Stock Option (Right to Buy) $ 29.325 10/30/2009   D     39,900 04/09/2004(4) 04/09/2012 Common Stock 39,900 (5) 0 D  
Employee Stock Option (Right to Buy) $ 24.225 10/30/2009   D     50,400 04/10/2006 04/10/2011 Common Stock 50,400 (6) 0 D  
Employee Stock Option (Right to Buy) $ 30.495 10/30/2009   D     185,000 03/26/2008(7) 03/26/2012 Common Stock 185,000 (8) 0 D  
Employee Stock Option (Right to Buy) $ 22.11 10/30/2009   D     180,000 04/17/2009 04/17/2015 Common Stock 180,000 (9) 0 D  
Employee Stock Option (Right to Buy) $ 24.365 10/30/2009   D     50,400 04/13/2007 10/31/2011 Common Stock 50,400 (10) 0 D  
Employee Stock Option (Right to Buy) - Former Spouse $ 25.6875 10/30/2009   D     565 03/21/2002(1) 03/21/2011 Common Stock 565 (11) 0 I By Former Spouse
Employee Stock Option (Right to Buy) - Former Spouse $ 25.6875 10/30/2009   D     5,863 03/21/2002(1) 03/21/2011 Common Stock 5,863 (12) 0 I By Former Spouse
Employee Stock Option (Right to Buy) - Former Spouse $ 29.325 10/30/2009   D     17,100 04/09/2004(4) 04/09/2012 Common Stock 17,100 (13) 0 I By Former Spouse
Employee Stock Option (Right to Buy) - Former Spouse $ 24.225 10/30/2009   D     21,600 04/10/2006 04/10/2011 Common Stock 21,600 (14) 0 I By Former Spouse
Employee Stock Option (Right to Buy) - Former Spouse $ 24.365 10/30/2009   D     21,600 04/13/2007 10/31/2011 Common Stock 21,600 (15) 0 I By Former Spouse
Employee Stock Option (Right to Buy) - Former Spouse $ 30.495 10/30/2009   D     15,000 03/26/2008(7) 03/26/2012 Common Stock 15,000 (16) 0 I By Former Spouse
Employee Stock Option (Right to Buy) $ 19.04 10/30/2009   A   232,110   10/30/2010(17) 10/30/2016 Common Stock 232,110 (18) 232,110 D  
Employee Stock Option (Right to Buy) - Former Spouse $ 19.04 10/30/2009   A   20,905   10/30/2010(17) 10/30/2016 Common Stock 20,905 (19) 20,905 I By Former Spouse

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BAKER ROBERT JAYMES
INTEL CORPORATION
2200 MISSION COLLEGE BLVD.
SANTA CLARA, CA 95054		       SR VP, GM TECH & MFG GRP  

Signatures

 /s/ Wendy Yemington, attorney-in-fact   11/03/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) This option vests in two equal annual installments beginning on the first anniversary of the grant date.
(2) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 3,040 shares.
(3) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 293 shares.
(4) This option vests in two installments of 39,000 beginning 4/09/04 and one installment of 18,000 on 4/08/05.
(5) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 8,867 shares.
(6) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 14,400 shares.
(7) The option vests in four equal annual installments beginning on the first anniversary of the grant date.
(8) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 41,111 shares.
(9) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 150,000 shares.
(10) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 14,400 shares.
(11) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 126 shares.
(12) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 1,303 shares.
(13) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 3,800 shares.
(14) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 6,171 shares.
(15) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 6,171 shares.
(16) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 3,333 shares.
(17) The option vests in four equal annual installments beginning on the first anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
(18) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 232,110 shares.
(19) On October 30, 2009, the issuer canceled the stock options tendered by the executive pursuant to the issuer's employee stock option exchange program and granted in exchange for all such options, new options for 20,905 shares.

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