Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half (Tripp Mickle/New York Times)

Tripp Mickle / New York Times: Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half  —  Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …

Apr 11, 2025 - 12:51
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Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half (Tripp Mickle/New York Times)

Tripp Mickle / New York Times:
Sources: Tim Cook approved doubling Apple's AI chips budget in 2023 after John Giannandrea sought more GPUs, but CFO Luca Maestri cut the increase to under half  —  Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …