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 *
  Krzanich Brian M
2. Date of Event Requiring Statement (Month/Day/Year)
01/20/2012
3. Issuer Name and Ticker or Trading Symbol
INTEL CORP [INTC]
(Last)
(First)
(Middle)
2200 MISSION COLLEGE BLVD., M/S RN4-151
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. VP/GM Manuf & Supply, COO
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)
Common Stock 30,999
D
 
Common Stock 1,691
I
Joint Account with Spouse

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) 04/21/2011 04/21/2016 Common Stock 41,250 $ 19.51 D  
Employee Stock Option (Right to Buy) 04/21/2007(1) 04/21/2013 Common Stock 27,500 $ 19.51 D  
Employee Stock Option (Right to Buy) 01/18/2012 01/18/2017 Common Stock 41,250 $ 20.7 D  
Employee Stock Option (Right to Buy) 01/17/2013 01/17/2018 Common Stock 41,250 $ 19.63 D  
Employee Stock Option (Right to Buy) 01/23/2014 01/23/2019 Common Stock 41,250 $ 12.985 D  
Employee Stock Option (Right to Buy) 04/16/2010(1) 04/16/2016 Common Stock 83,280 $ 15.665 D  
Employee Stock Option (Right to Buy) 10/30/2010(1) 10/30/2016 Common Stock 259,907 $ 19.0418 D  
Employee Stock Option (Right to Buy) 01/22/2015 01/22/2020 Common Stock 65,000 $ 20.3 D  
Employee Stock Option (Right to Buy) 01/22/2011(1) 01/22/2017 Common Stock 90,310 $ 20.3 D  
Employee Stock Option (Right to Buy) 01/24/2012(1) 01/24/2018 Common Stock 158,380 $ 21.085 D  
Performance-based Restricted Stock Units 02/22/2013(3)   (3) Common Stock 80,590 $ 0 (2) D  
Performance-based Restricted Stock Units 02/24/2014(5)   (5) Common Stock 61,130 $ 0 (4) D  
Performance-based Restricted Stock Units 05/16/2012(3)   (3) Common Stock 70,690 $ 0 (2) D  
Restricted Stock Units 01/17/2013(7)   (7) Common Stock 3,750 $ 0 (6) D  
Restricted Stock Units 01/22/2015(7)   (7) Common Stock 9,250 $ 0 (6) D  
Restricted Stock Units 01/23/2014(7)   (7) Common Stock 3,750 $ 0 (6) D  
Restricted Stock Units 04/24/2011(8)   (8) Common Stock 33,293 $ 0 (6) D  
Restricted Stock Units 04/17/2009(9)   (9) Common Stock 5,750 $ 0 (6) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Krzanich Brian M
2200 MISSION COLLEGE BLVD.
M/S RN4-151
SANTA CLARA, CA 95054
      Sr. VP/GM Manuf & Supply, COO  

Signatures

/s/ Brian M. Krzanich 01/20/2012
**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) Unless earlier forfeited under the terms of the option, 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.
(2) Each Performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, no less than 33% and no more than 200% of one share of Intel common stock, together with dividend equivalent shares on the vested number of shares. The resulting number of shares of Intel common stock acquired upon vesting of the Performance-based RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year period beginning on the grant date and ending on the third anniversary of the grant date, unless that date falls on a date that the NASDAQ Stock Market is closed, in which case the next business date that the NASDAQ Stock Market is open shall apply.
(3) Unless earlier forfeited under the terms of the Performance-based RSU, each Performance-based RSU vests and converts into no less than 33% and no more than 200% of one share of Intel common stock three years and one month after the grant date (together with dividend equivalent shares thereon), unless that date falls on a non-business date, in which case the next business date shall apply.
(4) Each Performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, no less than 50% and no more than 200% of one share of Intel common stock, together with dividend equivalent shares on the vested number of shares. The resulting number of shares of Intel common stock acquired upon vesting of the Performance-based RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year period beginning on the grant date and ending on the third anniversary of the grant date, unless that date falls on a date that the NASDAQ Stock Market is closed, in which case the next business date that the NASDAQ Stock Market is open shall apply.
(5) Unless earlier forfeited under the terms of the Performance-based RSU, each Performance-based RSU vests and converts into no less than 50% and no more than 200% of one share of Intel common stock three years and one month after the grant date (together with dividend equivalent shares thereon), unless that date falls on a non-business date, in which case the next business date shall apply.
(6) Each restricted stock unit represents the right to receive, following vesting, one share of Intel Corporation common stock.
(7) Unless earlier forfeited under the terms of the RSU, 100% of the award vests and converts into common stock on the 5th anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
(8) Unless earlier forfeited under the terms of the RSU, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on April 24, 2011. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
(9) 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.

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