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Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report

Published on: Wednesday 04 November 2026

Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report The deal struck by Oracle and its billionaire chairman Larry Ellison would have provided Tencent with access to up to 100,000 AI chips located at Asia-based data centers over a five-year term.


News source: https://nypost.com/2026/11/04/business/oracle-nixes-7b-chip-leasing-deal-with-chinas-tencent-after-trump-admin-pushback-report/

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