I m doing the chipping of olive branches now for 4 years and got some experiences to share.
I chip branches where I remove all wood >2cm with a machete with a old Scheppach Biostar 3000 3phase machine. Off-grid 😎 It's a wonderful cheap machine and far more quieter then gasoline driven. In addition kickbacks which happens sometimes when inexperienced kicks the stuff by design upwards and not in a 45° angle in your face. Definitely a recommendation for safety. Btw. Never wear gloves when chipping, thats probably the biggest danger of using the machines.
I chip the branches of healthy olive trees beginning with harvest within 2 days. Deceased branches would need to get burned, or the mushrooms spread. Until January it's possible to apply it directly to the olive trees. This way you avoid the nitrogen sink to affect the flowering stage. Seeding leguminoses in December January on top of fresh clippings around the olive trees works far better then expected. They have no issues to germinate and should balance the nitrogen sink even more.
After January the chips get used as bedding in the chicken coop or are composted on a big pile together with grass clippings, and some biochar. The compost takes approximately 4years to be good enough for any veggies. After 3 years the soil looks great but cabbages for example don't thrive yet in it.
In spring is a good time to clean out the half composted chips and spread it under the olive trees. This manure mulch is a really effective fertiliser.
Chipping is a great Ressource, builds up soil far quicker then expected and is free. I don't buy any fertilizer or chemical sprays, don't till and the trees shows no lack of nutrients at all!
It also keeps the soil moist for an additional 1.5 months in summer without the need of watering.
As a beautiful side effect in autumn you gonna walk through a mushroom paradise.
It just need some extra effort 😉