EXHIBIT 23

CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS

We consent to the incorporation by reference in this Annual Report (Form 10-K) 
of Intel Corporation of our report dated January 15, 1996, included in the 1995
Annual Report to Stockholders of Intel Corporation.

Our audits also included the financial statement schedule of Intel Corporation 
listed in Item 14(a).  This schedule is the responsibility of the Company's 
management.  Our responsibility is to express an opinion based on our audits. 
In our opinion, the financial statement schedule referred to above, when 
considered in relation to the basic financial statements taken as a whole, 
presents fairly in all material respects the information set forth therein.

We also consent to the incorporation by reference in the Registration 
Statements (Form S-8 Nos. 33-10392, 2-73464, 2-56648, 33-33983, 2-90217, 
33-29672, 33-41771, and 33-63489; and Form S-3 Nos. 33-20117, 33-54220, 
33-58964, 33-49827, 33-50971 and 33-56107) of our report dated January 15, 
1996, with respect to the financial statements incorporated herein by 
reference, and our report included in the preceding paragraph with respect to 
the financial statement schedule included in this Annual Report (Form 10-K) of 
Intel Corporation.

                                                    /s/Ernst & Young LLP

San Jose, California
March 27, 1996