# Oracle scrapped a ~$7B deal to lease ~100K advanced AI chips to Tencent, Sources say

Digest AI · Business & Funding · published 2026-11-04T06:05:02Z

Canonical: https://digestai.news/story/oracle-scrapped-a-7b-deal-to-lease-100k-advanced-ai-chips-to-tencent-s

## Summary

oracle has reportedly canceled a five‑year lease of about 100,000 advanced ai chips worth roughly $7 billion to chinese technology giant tencent. sources say the decision came after pressure from the trump administration, amid growing tension over u.s. ai infrastructure companies doing business with chinese firms.

the move highlights the impact of u.s. policy on ai supply chains and the broader geopolitical friction between the two countries.

## Key points

- oracle canceled a ~$7b, five‑year lease of ~100k ai chips to tencent
- deal involved advanced ai chips
- cancellation due to pressure from trump administration

## Why it matters

the cancellation shows how u.s. policy can directly affect ai hardware supply chains, raising concerns for companies relying on cross‑border chip deals.

## Sources

1. [Sources: Oracle has scrapped a ~$7B, five-year deal to lease ~100K advanced AI chips to Tencent after yielding to pressure from the Trump administration](https://ft.com/content/c5a6a738-cd78-4a8e-a814-57a7473ebb9c) (ft.com, 2026-11-04)

## Cite

Digest AI, "Oracle scrapped a ~$7B deal to lease ~100K advanced AI chips to Tencent, Sources say", 4 November 2026, https://digestai.news/story/oracle-scrapped-a-7b-deal-to-lease-100k-advanced-ai-chips-to-tencent-s

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