SANTA CLARA, Calif., Nov. 16, 2006 – Intel Corporation today announced that its board of directors has approved a 12.5 percent increase in the quarterly cash dividend to 11.25 cents per share beginning with the dividend that will be declared in the first quarter of 2007.

“Intel’s product leadership, focus on new growth opportunities, efforts to drive greater efficiencies and continued emphasis on R&D and manufacturing, have put the company on a solid footing for the future,” said Paul Otellini, president and CEO. “With one of the highest dividend yields in the technology industry, today’s announcement is yet another sign of our confidence in the future of our business.”

Intel began paying a cash dividend in 1992 and has paid out approximately $8.0 billion to its stockholders over the past 56 quarters. Intel cash dividends for 2006 will total approximately $2.3 billion.