Two possible offers. Currently in Intel on 3DXP.
Offer 1: Micron, in South Bay
Bump in pay (160k/30k/10%)
They are doing well and know the memory industry
Being in the bay
Role may not be all that different, and a change would be good
Also being in the bay
Possible offer 2: Intel NSG, Folsom
Much more different role, wider breath of experience and chance to learn new things
Lateral move in terms of pay
Still in Folsom, and prefer a bigger city
Currently already work in Intel Folsom (for about 1.5 yr)
I'd say if you move to Intel Folsom, there aren't any other companies around the area, and Intel won't want to promote you based on your performance. Intel will mostly want to promote you if best worker in your current group + budget looks good for that yearly focal review or they are worried about losing you. You could transfer internally in a year to a better job, but without promotion or pay increase. Folsom is literally in the middle of no where, even Arizona is a better place to live.
For micron, you will have opportunity to change company later, but the rent will be 2.5-3k/month if you want to live alone. House impossible for you to buy unless you want to drive 1-2 hours to work (1 way, not round trip) every day. But it may be easier to get promoted or change company.
My advice is, the memory business is career suicide. Either move to the Folsom burbs and wait to die, or move to the bay, work hard and get into firmware or software or something else.
Both companies will not have a large amount of success or growth anytime soon, and you will be a sitting duck. It's probable both companies may enter recession in the near future (as they already have).