Oracle reportedly canceled a five-year AI chip lease with Tencent worth about $7 billion after US officials raised concerns about the deal, according to a Financial Times report cited by Seeking Alpha. The arrangement would have given Tencent access to roughly 100,000 advanced AI chips through Oracle data centers in Southeast Asia.
Oracle Reportedly Cancels $7 Billion Tencent AI Chip Lease
tradingview.com · ⭐️ 7/10 · 2026-11-04