Oracle Cancels $7 Billion Chip Leasing Deal with Tencent Under U.S. Government Pressure

According to the Financial Times, as the U.S.-China trade truce continues and high-end AI chips remain a point of friction, Oracle has canceled a $7 billion chip leasing contract with Tencent under pressure from the Trump administration.

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李老师不是你老师

2026-11-05 15:49 · 11月5日，丁薛祥在上海进博会开幕式称巨大贸易顺差源于中国想进口却买不到、也不让买，并反驳中国挤压他国经济的说法。

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This event Oracle Cancels $7 Billion Chip Leasing Deal with Tencent Under U.S. Government Pressure 2026.11.05 · Reported

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Sayings · 2026-11-05 15:40 On November 5, at the opening ceremony of the CIIE in Shanghai, Ding Xuexiang claimed that the massive trade surplus stems from China wanting to import but being unable to buy or being prevented from buying, and refuted the claim that China is squeezing other economies.

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