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Tencent signed a $7 billion agreement with Oracle to lease advanced AI chips. The contract spans a five-year period. The deal covers approximately 100,000 high-
Stock Report • 2026-10-02 00:38 UTC • By Billy Odell Tucker-Robinson
Tencent signed a $7 billion agreement with Oracle to lease advanced AI chips. The contract spans a five-year period. The deal covers approximately 100,000 high-performance processors.
This represents Tencent’s largest overseas chip lease to date. The agreement requires an upfront payment of roughly…
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