Oracle scraps $7 billion AI chip leasing deal with Tencent amid US pressure
The cancellation reflects growing US-China tension over AI compute exports.
Read at TipRanks โFull coverage ยท 5 outlets
- TipRanks ยท lead
- Yahoo FinanceOracle Scraps $7 Billion Tencent Deal as US Scrutinizes Cloud Access
- www.techtimes.co.ukOracle Reportedly Scraps $7 Billion Tencent Deal After Trump Pressure, Halting 100,000-Chip Plan
- CNBC TV18Oracle scraps $7 billion chip deal with China's Tencent after US pressure: Report
- YahooOracle Cancels $7 Billion Tencent AI Chip Leasing Agreement Amid US Regulatory Pressure