Does intel still have the really toxic contractor culture with a TON of h1b's? I don't see them rebounding until they get quality employees and not pay severely under market through contractors.
I work remotely on a small-ish research team. Almost all of my immediate colleagues are in the US or Western Europe. Most (all?) of the folks on P- and E-Core Engineering that I work with are full employees (i.e. not contractors) in the US or Israel. I'm not sure I'd know if they were H1Bs, but they're generally very knowledgeable and hardworking. From my perspective, there's little outsourcing on the core businesses (pun fully intended).
As far as comp goes, mine is competitive with Bay Area FAANG.