Exhibit 10.1


     Summary of Intel Corporation Non-Employee Director
                        Compensation

Cash Compensation

     Annual Retainer Fee:                          $75,000


     Annual Committee Fees

          Audit Committee Chair:                   $20,000
          Audit Committee member (other than       $10,000
          Committee Chair):
          Compensation Committee Chair:            $10,000
          Finance Committee Chair:                 $10,000
          Corporate Governance and Nominating      $10,000
          Committee Chair:
          Executive Committee Chair:               $10,000
          Sheltered Employee Retirement Plan       $10,000
          Investment Policy Committee Chair:

     Retainer and committee fees are paid quarterly in cash
     and can be deferred at the director's election, or
     paid in the form of restricted stock units ("RSUs") at
     the director's election.

Equity Compensation

     Each non-employee director will receive a grant of
     RSUs equal to $145,000 divided by the average of the
     high and low sales prices of one share of the
     Company's common stock on the date of grant.  The Lead
     Independent Director will receive an additional grant
     of RSUs equal to $30,000 divided by the average of the
     high and low sales prices of one share of the
     Company's common stock on the date of grant.

Other Information

     Non-employee directors may elect to defer receipt of
     shares from vested RSUs until termination of service
     as a member of the Board.  Non-employee directors'
     compensation is paid based on a July to June annual
     period.  Intel Corporation reimburses directors for
     their travel and related expenses in connection with
     attending Board meetings and Board-related activities
     and provides each director with a computer for his or
     her personal use.  Directors' charitable contributions
     that meet the guidelines of the Company's employee
     charitable matching gift program are eligible for
     matching funds from the Company in an amount up to
     $10,000 per year.