Pay at Intel is about half of FAANG, can confirm. They seem weirdly proud of this and then weirdly confused and disappointed when great people leave.
The industry trade organization did make a snazzy movie to try to attract young graduates into the industry.
You could use the parking lots as a proxy for employee prosperity. The chip guys drove better cars than the students, but the government and other corporate people had better cars on average. The chip bigshots made bank though. The chip people would also have crunch periods where they worked crazy hours.
The workers making bank were the tradesmen building the facilities that housed tools.