Pros
Intel is a large company and you can always jump around if you don't like what you are doing. What works in one group may not work in another. Problems in one group may not be problems in another. There is always something new to learn about. Intel is the worlds largest chip company. If you want to learn about how to "ship" hardware, Intel is a great place to be. The work hours are generally much less than other high-tech companies (Apple, Google, NVidia) allowing you to have an outside life too. Groups usually do 40 hours where much of the others mentioned do 60+. Soft drinks are finally free, but food is not subsidized.
Cons
1) You have to be a politician to succeed. 2) The focal process (yearly employee evaluations) is broken. Your career development\advancement is largely controlled by your manager. You manager controls what you and your peers work on. If your manager doesn't give you high-visibility, important work, your advancement chances are low. You'll be in bad shape if you get stuck with a bad manager but that happens everywhere. 3) Re-orgs are constant. They occur yearly. The company can't seem to make up its mind with management structure. It's unlikely you'll have the same manager for more than a couple years. 4) Intel is an old-fashioned company. Cubes\walls are grey and boring. They finally started offering free drinks.