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Oracle cancels $7 billion Tencent AI chip lease

11 statements from 11 sources, Nov 2, 2026 17:07 UTC to Nov 4, 2026 18:34 UTC
Part of Tech & AI
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Statements (10 of 11)

  1. Bearish

    Oracle terminated a $7 billion chip leasing deal with Tencent after US administration pressure.

    nypost.comHigh importance
  2. Bearish

    Oracle cancelled a $7 billion deal with Tencent for AI chip leasing under Trump administration pressure

    zerohedge.comHigh importance
  3. Bearish

    Oracle dropped Tencent as a cloud client, losing a multi-billion-dollar contract

    datacenterdynamics.comHigh importance
  4. Bearish

    Oracle cancels a seven-billion-dollar agreement with Tencent to acquire computing capabilities for AI.

    jornaldenegocios.ptHigh importance
  5. Bearish

    Oracle cancelled a $7 billion chip lease contract with Tencent due to U.S. President Trump's pressure.

    ec.ltn.com.twHigh importance
  6. Bearish

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

    nasdaq.comHigh importance
  7. Bearish

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

    di.seHigh importance
  8. Bearish

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

    bloomberg.comHigh importance
  9. Bearish

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

    ft.comHigh importance
  10. Bullish

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

    barchart.com

1 more statement on this development this week. The API returns all of them: GET /v2/statements?topic_id=431790c1-3cbd-4426-acea-30e59e60c472 Get a free API key ↗