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Sources: Tim Cook approved a plan to double the AI chip budget for John Giannandrea's team in 2023, but CFO Luca Maestri cut the increase to less than half that (Tripp Mickle/New York Times)

Tripp Mickle / New York Times: Sources: Tim Cook approved a plan to double the AI chip budget for John Giannandrea's team in 2023, but CFO Luca Maestri cut the increase to less than half that  —  Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …

Apr 11, 2025 - 22:14
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Sources: Tim Cook approved a plan to double the AI chip budget for John Giannandrea's team in 2023, but CFO Luca Maestri cut the increase to less than half that (Tripp Mickle/New York Times)

Tripp Mickle / New York Times:
Sources: Tim Cook approved a plan to double the AI chip budget for John Giannandrea's team in 2023, but CFO Luca Maestri cut the increase to less than half that  —  Even before President Trump's tariffs threatened to upend Apple's manufacturing business in China, the company's struggle …

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