Pros
85 - 90% of the employees can coast by and be successful. If you are not interested in improving your skills, but keeping a reasonably decent salary, Intel is a place to consider.
Cons
If you are interested in making a difference in the industry, and take pride in doing the best work you are capable of, don't expect to be rewarded for it. Those who are successful at Intel can expect a 3% raise. If you have some competence in a particular field and try to support your team by making a reasonable, well thought out recommendation in your field of expertise, you should expect to be criticized, stonewalled, but most generally ignored by individuals with less experience, and whose primary responsibility at the company is pushing paper around in infinite circles in an attempt to validate their own job security.