I can't corroborate this at all.
I come from a CS background. If you leave school and enter the workforce at SAS, you will be at a disadvantage insofar as you are looking for a workplace that you hope to learn something from or one that you hope reinforces good engineering practices. The semiconductor industry, from the vantage point of an experienced systems thinker, reinforces awful engineering practices. All the things that SE folks take for granted—version control, e.g, as a discipline/tool to name one example, for regression analysis—say goodbye to any of these things, along with any expectation of competence from your colleagues.
The semiconductor industry sources heavily from the defense sector, and this has deleterious, catastrophic effects.
A close friend (from a non-CS engineering background) I know to still be at SAS. We don't talk about finances, but at around 8 years in, I estimate that he just recently (since COVID) crossed the six figure threshold. He's in a fairly senior role. Meanwhile: "What's x86?" — a direct quote from a conversation not too long ago.
He has no real professional experience outside of SAS, was not set up in an environment that rewards "extracurricular" experience, so he doesn't have any of that, either, and he's effectively stuck as a result of the "golden" handcuffs that the path at SAS has led him on.
Don't work in the semiconductor industry, folks. What you can expect to be is a monkey pressing buttons on a machine (that your supervisor—and their supervisor—doesn't understand, and nor will you; you pass butter). Make no mistake: there's an abundance of low-hanging fruit. But you won't have, as Gerry Weinberg put it, "permission" to pick it.
By all means, if your prospects/ambitions look to be something like working for the state/federal government, learning nothing over your career, and cashing mediocre checks for doing mediocre work along the way, then by all means go for it. Otherwise, it is likelier that you'll be hobbled by your time in the industry. And not for no good reason. If I'm evaluating someone and it came up that they'd done any significant time in the world of semiconductors, the net impression it'd have on me (having hash an insider's view of it) would be one worse than if they said that they'd just gotten their degree and had spent the last N years flipping burgers, cf Dan Luu.
Don't do semiconductors, folks.
PS: sorry, drunk.