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Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says

Katherine Langford
Editor-in-Chief · Wednesday, November 4, 2026 at 5:16 AM · 1 min read
Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says

Oracle Corp. has canceled a $7 billion dollar chip leasing deal with Tencent Holdings Ltd., the Financial Times reported.

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