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Oracle cancels $7 billion chip lease deal with Tencent

6 statements from 6 sources, Nov 2, 2026 17:07 UTC to Nov 4, 2026 09:54 UTC
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Statements (6)

  1. Bearish

    Oracle Corporation has canceled a $7 billion chip leasing deal with Tencent

    nasdaq.comHigh importance
  2. Bearish

    Oracle terminated a $7 billion deal to sell data center technology to Tencent after pressure from the Trump administration.

    di.seHigh importance
  3. Bearish

    Oracle cancels a $7 billion chip leasing deal with Tencent

    finance.yahoo.comHigh importance
  4. Bearish

    Oracle is canceling a $7 billion deal to lease chips to Tencent

    bloomberg.comHigh importance
  5. Bearish

    Oracle cancels a $7 billion deal with Tencent for AI infrastructure

    ft.comHigh importance
  6. Bullish

    Alibaba and Tencent are seeking 10 years of Alibaba's chips for their AI campuses.

    barchart.com