Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                         Pursuant to Section 13 OR 15(d)
                     of The Securities Exchange Act of 1934

                         Date of Report: April 17, 2007
                        (Date of earliest event reported)

                                INTEL CORPORATION
             (Exact name of registrant as specified in its charter)

          Delaware                    000-06217                   94-1672743
          --------                    ---------                   ----------
(State or other jurisdiction         (Commission                (IRS Employer
      of incorporation)              File Number)            Identification No.)

2200 Mission College Blvd., Santa Clara, California                 95054-1549
---------------------------------------------------                 ----------
     (Address of principal executive offices)                       (Zip Code)

                                 (408) 765-8080
              (Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17
    CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
    CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4c))



          Attached hereto as Exhibit 99.1 and incorporated by reference herein
          is financial information for Intel Corporation for the quarter ended
          March 31, 2007 and forward-looking statements relating to 2007 and the
          second quarter of 2007 as presented in a press release of April 17,

          Also included in Exhibit 99.1 under the heading "Supplemental
          Operating Results and Other Information" is certain unaudited
          annual and quarterly financial information for the Digital Enterprise
          Group, Mobility Group, Flash Memory Group, and "all other" category.
          In the first quarter of 2007, the company began allocating share-based
          compensation to the operating segments, and results have been adjusted
          retrospectively to reflect this change as well as certain other minor
          reorganizations. The allocation of share-based compensation to the
          operating segments does not in any way restate or revise the
          consolidated financial position, results of operations or cash flows
          of Intel Corporation as set forth in any previously reported
          consolidated balance sheet, consolidated statement of income or
          consolidated statement of cash flows of the company. This information
          is provided as supplemental financial information that may be of
          interest to Intel Corporation stockholders.

          The information in this report shall be deemed incorporated by
          reference into any registration statement heretofore or hereafter
          filed under the Securities Act of 1933, as amended, except to the
          extent that such information is superseded by information as of a
          subsequent date that is included in or incorporated by reference into
          such registration statement. The information in this report shall not
          be treated as filed for purposes of the Securities Exchange Act of
          1934, as amended.


          In connection with the company's ongoing program designed to improve
          operational efficiency and results, the company previously announced
          that it had determined on August 30, 2006 to undertake a number of
          additional actions recommended by the company's Structure and
          Efficiency Taskforce relating to organizational efficiency, business
          processes and programs (collectively, the "Efficiency Plan"). The
          company recorded restructuring and asset impairment charges of $75
          million in the first quarter of 2007.

          Previously, Intel Corporation approved a plan to place for sale its
          fabrication facility in Colorado Springs, Colorado. The assets subject
          to this impairment were principally used in support of the
          communications and application processor business.

          During the fourth quarter of 2006, the company recorded non-cash land,
          building and equipment write-downs of approximately $214 million. As a
          result of softer than anticipated market conditions, in the first
          quarter of 2007, the company recorded additional non-cash write-downs
          of approximately $54 million.

          The company currently expects to incur additional charges related to
          employee severance and benefit arrangements of approximately $60
          million in the second quarter of 2007, which includes the impacts of
          our ongoing Efficiency Plan and expected severance charges related to
          the Colorado Springs facility. For the employees at the Colorado
          Springs facility, plans regarding employee termination benefits will
          depend in part on the terms of any sales transaction regarding the

          The exact timing of charges from employee severance and benefit
          arrangements and the related cash outflows, as well as the estimated
          cost ranges by category type, has not been finalized. This information
          will be subject to the finalization of timetables for the transition
          of functions, local labor law requirements, including consultation
          with appropriate works councils as well as the statutory severance
          requirements of the particular legal jurisdictions impacted, and the
          amount and timing of the actual charges may vary due to a variety of
          factors including the salary, position and number of years of service
          of the affected employees as well as the type and amount of severance
          benefits offered to employees.


          Additional, presently undetermined, charges related to the Efficiency
          Plan may be incurred in the remainder of 2007 and 2008 and 2009 fiscal
          years. Additional details will be provided in the company's earnings
          releases and Business Outlook statements published quarterly in such
          fiscal years. The Efficiency Plan reflects the Corporation's intention

          This Form 8-K and attached press release contain forward-looking
          statements that involve risks, uncertainties and assumptions. In
          addition to the factors addressed in the attached press release
          relating to forward looking statements made in the press release, many
          factors could affect the planned sale of the Colorado Springs
          facility, the Efficiency Plan and the company's actual results, and if
          the risks or uncertainties ever materialize or the assumptions prove
          incorrect, the results of the company may differ materially from those
          expressed or implied by such forward-looking statements and
          assumptions. All statements other than statements of historical fact
          are statements that could be deemed forward-looking statements,
          including but not limited to any to any projections of charges or
          other financial items; any statements of the plans, strategies and
          objectives of management for future operations, including the timing
          and execution of the planned sale of the Colorado Springs facility or
          any restructuring plan; benefit program changes and the extent of
          employees impacted by planned sale of the Colorado Springs facility or
          the restructuring; and any statements or assumptions underlying any of
          the foregoing; the extent or timing of cost savings, use of cost
          savings, revenue or profitability improvements, or other financial
          items; any statements concerning the company's expected competitive
          position or performance; any statements of expectation or belief; and
          any statements of assumptions underlying any of the foregoing. Intel
          presently considers the factors set forth below to be the important
          factors that could cause actual results to differ materially from the
          company's published expectations: risks, uncertainties and assumptions
          including the timing and execution of plans and programs subject to
          local labor law requirements, including consultation with appropriate
          works councils; assumptions related to severance and post-retirement
          costs; future acquisitions, dispositions, investments, new business
          initiatives and changes in product roadmap, development and
          manufacturing which may affect expense and employment levels at the
          company; assumptions relating to product demand and the business
          environment; and other risk factors that are described from time to
          time in the company's Securities and Exchange Commission reports,
          including but not limited to the risk factors described in the
          company's Annual Report on Form 10-K for the year ended December 30,
          2006. The company assumes no obligation to update these
          forward-looking statements.



Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        INTEL CORPORATION

Date: April 17, 2007                By: /s/ Andy D. Bryant
                                        Andy D. Bryant
                                        Executive Vice President,
                                        Chief Financial and Enterprise Services
                                        Officer and Principal Accounting Officer