Coverage dated November 4, 2026

Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report

Headline from New York Post

The deal struck by Oracle and its billionaire chairman Larry Ellison would have provided Tencent with access to up to 100,000 AI chips located at Asia-based data centers over a five-year term. Ordinarily, Tencent would be barred from accessing the advanced chips due to US export controls.

New York Post's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

3 articles, oldest first.

Financial Times
Oracle cancels $7bn Tencent AI deal under Trump pressure (opens Financial Times)
Published Nov 4, 2026
Financial Times's feed description
Intervention comes amid growing tension for US AI infrastructure groups doing business with Chinese tech giants
Bloomberg
Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says (opens Bloomberg)
Published Nov 4, 2026
Bloomberg's feed description
Oracle Corp. has canceled a $7 billion dollar chip leasing deal with Tencent Holdings Ltd., the Financial Times reported.
New York Post
Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report (opens New York Post)
Published Nov 4, 2026
New York Post's feed description
The deal struck by Oracle and its billionaire chairman Larry Ellison would have provided Tencent with access to up to 100,000 AI chips located at Asia-based data centers over a five-year term. Ordinarily, Tencent would be barred from accessing the advanced chips due to US export controls.