https://www.intc.com/financial-info/income-statement
So whatever their problems are, throwing more money at R&D is unlikely to solve them.
Also, Intel has committed to not doing stock buybacks and has stopped the dividends completely. They may resume at some point, but it's unlikely to be soon.
If half your income was spent on rent that would be an insane 8,3k a month. and you would still have another 8.3k left.
That left-over amount is more than twice what i earn, and i live fairly comfortably, alone, in the middle of Oslo.
Also, when I interviewed with them out of college in the late 1990s, they offered stock options and if you worked there 7 years, you get a paid 3 month sabbatical. I'm not sure if they still do that; that was in the Andy Grove days.
I wanted to learn databases and application dev. They wanted me to wear a bunny suit and support their VAX/VMS systems. No thanks.
$200k USD would put you in the top 1% of earners here in Canada.
You are a tech engineer and "live comfortably" means that you "live like a tech engineer" in the area. Which means "not making financial sacrifices to work at company X".
Live comfortably for some people means single family home with yard, 4 bedrooms, 2-3 annual vacations, eating out once a week, shopping at expensive grocery stores, etc. etc.
Now put all these $200k or dual income $400k people in the same area and it becomes a race to the bottom of "who is willing to live closest to paycheck to paycheck".
Microchip manufacturing is supposedly one of the most difficult things to do in the world, but why should the smartest people in the world do that if they have a maximum potential of a few hundred thousand dollars per year when writing software can get them far more?
Letting your organization rot for 15 years while the owners reap the rewards is fine, just don’t be surprised when you’re irrelevant in the future. Or maybe do that because you’ll get a bailout from the US federal taxpayers.