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:  March 30, 2004
                (Date of earliest event reported)



                        INTEL CORPORATION
       (Exact Name of Registrant as Specified in Charter)



      Delaware              0-06217              94-1672743
     (State of          (Commission File        (IRS Employer
   Incorporation)           Number)          Identification No.)



     2200 Mission College Blvd., Santa Clara, CA 95052-8119
      (Address of Principal Executive Offices and Zip Code)



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




Item 9.     REGULATION FD DISCLOSURE

            Attached hereto as Exhibit 99.1 and incorporated  by
            reference  herein  is  information  relating  to   a
            settlement  of the patent infringement suit  between
            Intel Corporation and Intergraph Corporation pending
            in  U.S. District Court for the Eastern District  of
            Texas  as presented in a press release of March  30,
            2004. The information in this report shall be deemed
            incorporated  by  reference  into  any  registration
            statement  heretofore and hereafter filed under  the
            Securities  Act of 1933, as amended, except  to  the
            extent  that  such  information  is  superceded   by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.


                            SIGNATURE
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.

Date: March 30, 2004               INTEL CORPORATION
                                   (Registrant)

                                   By:  /s/F. Thomas Dunlap, Jr.
                                        ------------------------
                                        F. Thomas Dunlap, Jr.
                                        Senior Vice President,
                                        General Counsel





                           EXHIBIT 99.1

                          PRESS RELEASE


           INTEL SETTLES INTERGRAPH PATENT LITIGATION

SANTA  CLARA,  Calif., March 30, 2004 - Intel  Corporation  today
announced  it  has  settled  the remaining  issues  in  a  patent
infringement  suit  pending in U.S. District Court  in  Marshall,
Texas relating to Intel's Itanium(R) microprocessors. Under terms
of the settlement Intel and Intergraph will move for dismissal of
the  case  with prejudice. As a result, neither company  has  any
further  financial  obligations  under  an  earlier  April   2002
settlement agreement.

In addition, under terms of the current settlement Intergraph has
granted  Dell  Inc.  certain licenses to Intergraph  patents  and
agreed   to  dismiss  Intergraph's  separate  pending  litigation
against  Dell.  Intergraph sued Dell for patent  infringement  in
December  2002.  This  agreement gives  Dell  a  license  to  all
Intergraph-owned  patents, and covers past,  present  and  future
Dell  products. Dell has a unique indemnity agreement with  Intel
that  Dell  claims obligates Intel to indemnify the company  from
patent  infringement  claims in the litigation  which  relate  to
combining  Intel  microprocessors and other  components  in  Dell
systems.  Intel  disagrees  with  Dell's  interpretation  of  the
agreement, but has decided to remove the current dispute from the
courts and resolve the disagreement privately.

The  new  settlement with Intergraph also includes a covenant  by
Intergraph  not  to  sue any Intel customers  for  products  that
include   Intel   microprocessors,  Intel  chipsets   and   Intel
motherboards in combination.

As  part of the current agreement, Intel will pay Intergraph $225
million. Intel will pay $125 million to Intergraph by April 5 and
$25  million  in  each of the next four quarters. The  accounting
treatment  for  the  settlement  has  not  yet  been  determined.
However,  Intel expects some portion or all of the  $225  million
will reduce earnings in the first quarter of 2004.

Intel,  the  world's  largest  chip  maker,  is  also  a  leading
manufacturer of computer, networking and communications products.
Additional    information   about   Intel   is    available    at
www.intel.com/pressroom.

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