Exhibit 99.1

Intel Corporation 2200 Mission College Blvd. Santa Clara, CA 95054-1549

Intel's 2.95% Junior Subordinated Convertible Debentures Due 2035

to Pay Contingent Interest of $4 Million

SANTA CLARA, Calif., Dec. 16, 2014 – Intel announced that the upside trigger on its 2.95 percent junior subordinated convertible debentures, which were issued in 2005 and due 2035 (CUSIP No. 458140AD2) (the "Notes"), has been met for the six-month interest payment period from Dec. 15, 2014 to June 15, 2015. As a result, contingent interest will be paid on the Notes for that six-month interest payment period. Contingent interest of approximately $4 million in the aggregate on the $1.6 billion outstanding principal amount of the Notes, or approximately $2.50 per $1,000 principal amount of the Notes, will be paid on June 15, 2015, to the holders of record as of June 1, 2015.

About Intel

Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world's computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world's first commercially available "conflict-free" microprocessors. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com and about Intel's conflict-free efforts at conflictfree.intel.com.

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CONTACTS:	Trey Campbell	Cara Walker
	Investor Relations	Media Relations
	503-696-0431	503-696-0831
	trey.s.campbell@intel.com	cara.walker@intel.com