The AI Read

Oct 1 2026

FT reports Tencent leased about 100,000 Nvidia chips from Oracle in Southeast Asia in a roughly $7 billion, five-year deal

CHIPSMONEYPOLICY

Original reporting

BInvesting.com/FT

Reuters carried the report and could not verify it. If real, it is the largest known case of Chinese firms renting restricted capacity abroad.

Named in this event

TencentOracleNvidia

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Issues that mention Tencent, Oracle, Nvidia

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