1.
  THIS FILING LISTS SECURITIES HOLDINGS REPORTED ON THE FORM  13F
  FILED  ON  MAY  11, 1998 PURSUANT TO A REQUEST FOR CONFIDENTIAL
  TREATMENT  AND FOR WHICH THAT REQUEST WAS DENIED ON AUGUST  12,
  2004.

                          UNITED STATES

               SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C. 20549

                            Form 13F

                       Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:  March 31, 1998

Check here if Amendment [x]; Amendment Number:  1
This Amendment (Check only one):   [ ] is a restatement
                                   [x] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Intel Corporation
2200 Mission College Boulevard
Santa Clara, CA 95052-8119

Form 13F File Number:  028-04527

Person Signing this Report on Behalf of Reporting Manager:

Cary Klafter, Vice President, Legal and Governmental Affairs  and
Corporate Secretary (408) 765-1215

---------------------------------------------------------------
ATTENTION--Intentional  misstatements  or  omissions   of   facts
constitute Federal Criminal Violations.  See 18 U.S.C.  1001  and
15 U.S.C. 78ff(a)
---------------------------------------------------------------
The  institutional investment manager filing this report and  the
person  by  whom  it is signed hereby represent that  the  person
signing  the  report  is  authorized  to  submit  it,  that   all
information  contained herein is true, correct and complete,  and
that  it  is  understood  that  all required  items,  statements,
schedules,  lists, and tables, are considered integral  parts  of
this form.

Signature, Place and Date of Signing:

/S/  Cary Klafter                Santa Clara, California   August
20, 2004 -------------------

Report Type (Check only one):

[X]   13F  HOLDINGS REPORT.  (Check here if all holdings of  this
reporting manager are reported in this report.)

[  ] 13F NOTICE.  (Check here if no holdings reported are in this
report,   and   all   holdings are reported by  other   reporting
manager(s).)

[  ] 13F   COMBINATION REPORT.  (Check here if a portion  of  the
     holdings  for  this reporting manager are reported  in  this
     report and a portion are reported by other manager(s).)



                      Form 13F SUMMARY PAGE

              REPORTING MANAGER:  INTEL CORPORATION

Report Summary:

Number of Other Included Managers:        -0-

Form 13F Information Table Entry Total:   1

Form 13F Information Table Value Total:   $9,197

List of Other Included Managers:

NONE





                           FORM 13F INFORMATION TABLE
                      REPORTING MANAGER:  INTEL CORPORATION


                                                       ITEM 4:   ITEM 5:
                                                        FAIR      SHARES                                        ITEM 8:
                                  ITEM 2:   ITEM 3:    MARKET       OR          ITEM 6:                     VOTING AUTHORITY
            ITEM 1:               TITLE OF   CUSIP      VALUE   PRINCIPAL SH/ INVESTMENT     ITEM 7:      (A)       (B)     (C)
         NAME OF ISSUER            CLASS     NUMBER     (000)     AMOUNT  PRN DISCRETION    MANAGERS     SOLE     SHARED    NONE
                                                                                                   
AAVID THERMAL TECHNOLOGIES, INC. COM        002539104     9,197    297,872   SH    SOLE                   297,872