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, and I don't plan on leaving anytime soon," 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 and he's been in charge of the company's hardware technologies team that includes chip development. At Apple since 2008, he has led teams that created the M-series chips used in Macs and the A-series chips at the heart of iPhones.

The memo confirming that he plans to stay at Apple comes as the company has seen sever

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