Will's Blog: 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)

11 April 2025

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 …

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