Nov 4 2026

Oracle scraps a $7 billion, five-year lease of up to 100,000 AI chips to Tencent after Trump administration pressure, the FT reports

CHIPSPOLICY

Original reporting

No source was cited for this one in the issue that logged it. The link above searches for it instead of guessing at a URL.

Two sources; no comment from Oracle, Tencent or the White House, and Reuters could not confirm it. [B](https://www.ft.com/content/c5a6a738-cd78-4a8e-a814-57a7473ebb9c)

Named in this event

OracleTencent

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