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Oracle Ditches $7 Billion Chip Deal with Tencent Amid Trump Administration Pressure

Technology News

Oracle Ditches $7 Billion Chip Deal with Tencent Amid Trump Administration Pressure

Oracle scraps US$7 billion deal to lease chips to Tencent: Media report

The Straits Times

Oracle scraps US$7 billion deal to lease chips to Tencent: Media report

Oracle scraps US$7 billion chip leasing deal with Tencent, FT reports amid US concerns over export controls.

Oracle scraps US$7 billion deal to lease chips to Tencent under Trump pressure, FT reports

The Business Times

Oracle scraps US$7 billion deal to lease chips to Tencent under Trump pressure, FT reports

US officials have approached the firm to raise concerns about the deal, the newspaper says Read more at The Business Times.

Oracle abandons $7 billion Tencent AI deal under Trump pressure: FT

Economic Times

Oracle abandons $7 billion Tencent AI deal under Trump pressure: FT

US officials approached Oracle to raise concerns about the Tencent deal, the newspaper said, citing people familiar with the matter.

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

New York Post

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

Oracle has reportedly nixed a $7 billion deal to lease computer chips to Chinese tech giant Tencent after getting pushback from the Trump administration.The deal struck by Oracle and its...

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