Apple’s chip boss squashes exit rumors, says he’s not leaving the company

Apple’s chip boss squashes exit rumors, says he’s not leaving the company


Johny Srouji, senior vice president of hardware technologies at Apple Inc., speaks during the Peek Performance virtual event in New York, U.S., on Tuesday, March 8, 2022.

Gabby Jones | Bloomberg | Getty Images

Apple chip leader Johny Srouji addressed rumors of his impending exit in a memo to staff on Monday, saying he doesn’t plan on leaving the company anytime soon.

“I love my team, and I love my job at Apple,” he wrote.

Bloomberg reported on Saturday that Srouji had told CEO Tim Cook that he was considering leaving, citing people with knowledge of the matter.

Srouji is seen as one of the most important executives at the company. He’s in charge of the company’s chip development, which creates the M-series chips used in Macs and the A-series chips at the heart of iPhones.

In addition to developing the chips that enabled Apple to drop Intel from its laptops and desktops, in recent years Srouji’s teams have developed a cellular modem that will replace Qualcomm’s modems in most iPhones.

“I know you’ve been reading all kind of rumors and speculations about my future at Apple, and I feel that you need to hear from me directly,” Srouji wrote in the memo. “I am proud of the amazing Technologies we all build across Displays, Cameras, Sensors, Silicon, Batteries, and a very wide set of technologies, across all of Apple Products.”

Apple has seen several high-profile executive exits in the past weeks.

Last week, Apple announced that its head of artificial intelligence, John Giannandrea, was stepping down.

Two days later, the company announced the departure of Alan Dye, the head of user interface design. Dye, who was behind the “Liquid Glass” redesign, is joining Meta.

A day after Dye’s departure, Apple announced the retirement of general counsel Kate Adams and vice president for environment, policy, and social initiatives Lisa Jackson. Both Adams and Jackson reported directly to Cook.

Apple’s chief operating officer, Jeff Williams, retired this fall.



Source

Treasury Secretary Bessent says more Fed rate cuts are ‘only ingredient missing’ for stronger economy
World

Treasury Secretary Bessent says more Fed rate cuts are ‘only ingredient missing’ for stronger economy

U.S. Treasury Secretary Scott Bessent speaks during a press conference to unveil the official Trump Accounts website, at the Treasury Department in Washington, D.C., U.S., December 17, 2025. Aaron Schwartz | Reuters Treasury Secretary Scott Bessent on Thursday pressed the administration’s desire for lower interest rates, saying they are the key to future economic growth. […]

Read More
Why Russia hasn’t reacted to Trump’s Greenland takeover bid
World

Why Russia hasn’t reacted to Trump’s Greenland takeover bid

U.S. President Donald Trump welcomes Russian President Vladimir Putin to Joint Base Elmendorf-Richardson on August 15, 2025 in Anchorage, Alaska. Contributor | Getty Images News | Getty Images When U.S. President Donald Trump said the U.S. had to take over Greenland as a matter of national security, saying Chinese and Russian ships were “all over […]

Read More
Defense stocks surge after Trump calls for .5 trillion military budget in 2027
World

Defense stocks surge after Trump calls for $1.5 trillion military budget in 2027

Global defense stocks rallied on Thursday, extending gains after U.S. President Donald Trump called for a $1.5 trillion defense budget in 2027. “After the long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our […]

Read More