8-K

                          UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     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:  July 19, 2006
                (Date of earliest event reported)

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


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

  2200 Mission College Blvd., Santa Clara,         95054-1549
                 California
  (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  (see  General
Instruction A.2. below):

[  ]  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-4(c))



Item         Regulation FD Disclosure.
7.01
             Attached hereto as Exhibit 99.1 and incorporated  by
             reference  herein  is  a  press  release  describing
             certain  changes  in  executive  management   within
             Intel  Corporation. 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             superseded  by  information as of a subsequent  date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.






                           SIGNATURES

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
                                 (Registrant)


                                 By:  /s/ Cary I. Klafter
                                      -----------------------
                                      Cary I. Klafter
Date:  July  20, 2006                 Corporate Secretary

EX-99

                                        Exhibit 99.1

CONTACT:  Robert Manetta
          408-765-7082
          Robert.i.manetta@intel.com

             INTEL ANNOUNCES MANAGEMENT CHANGES

SANTA CLARA, Calif., July 20, 2006 - Intel Corporation
today announced that it is making a number of senior
management changes focused on improving the company's
structure and achieving faster and better decision
making. The company also announced that two senior
executives will be retiring.

     "As part of the thorough analysis of Intel begun
in April, we have examined the focus and structure of
our top management level, including our use of 'two-in-
a-box' co-managers," said Intel President and CEO Paul
Otellini. "The moves announced today will help us speed
decision making and bring new resources to bear in
critical areas, while allowing me to spend more time on
key strategic issues."

     The management changes include:

     Intel's Sales and Marketing Group will be led by
Executive Vice President Sean Maloney, 50, who
previously co-managed the company's Mobility Group.
Maloney will also become Intel's chief sales and
marketing officer. Donald MacDonald, who was previously
vice president and general manager of the Digital Home
Group, will become vice president of Marketing and
Brands, reporting to Maloney.

     Senior Vice President David Perlmutter, 53, will
continue as general manager of the Mobility Group.
Senior Vice President Anand Chandrasekher, 43, formerly
co-general manager of the Sales and Marketing Group,
will manage a newly created business unit focused on
low power Intel Architecture products and the ultra-
mobile PC market. He will report to Perlmutter.

     Eric Kim, 51, senior vice president, who
previously co-managed the Sales and Marketing Group,
will become general manager of the Digital Home Group.

     William Siu, a 26-year Intel veteran who served as
vice president and general manager of the Channel
Platforms Group, and Richard Wirt, who has 25 years of
service and is vice president, senior fellow and co-
general manager of the Software and Solutions Group,
announced their retirements. Both of these executives
will remain full time with Intel through the end of the
year to best manage their organizations' transitions.
With the impending retirement of Siu, the Channel
Platforms Group will report to Maloney in the Sales and
Marketing Group. A general manager for the Channel
Platforms Group will be named at a later date.

     Renee James, vice president and co-general manager
of the Software and Solutions Group, will continue to
manage the group following Wirt's retirement at the end
of the year.

     "I want to express my deep appreciation to Bill
Siu and Richard Wirt for their numerous contributions
and dedicated service to Intel over many years,"
continued Otellini.  "We thank them very much and wish
them all the best in their retirement."

     The management changes are effective immediately.

     Intel, the world leader in silicon innovation,
develops technologies, products and initiatives to
continually advance how people work and live.
Additional information about Intel is available at
www.intel.com/pressroom.

Intel and the Intel logo are trademarks or registered
trademarks of Intel Corporation or its subsidiaries in
the United States and other countries.

*Other names and brands may be claimed as the property
of others.