--- title: "Oracle cancels $7 billion AI chip deal with Tencent after US pressure" publication: "MediaBias News" url: "https://mediabias.news/business/oracle-cancels-7-billion-ai-chip-deal-with-tencent-after-us-pressure" api: "https://mediabias.news/api/v1/stories/oracle-cancels-7-billion-ai-chip-deal-with-tencent-after-us-pressure" markdown: "https://mediabias.news/business/oracle-cancels-7-billion-ai-chip-deal-with-tencent-after-us-pressure.md" audio: "https://mediabias.news/api/audio/oracle-cancels-7-billion-ai-chip-deal-with-tencent-after-us-pressure" category: "Business & Economy" area: "United States" published: "2026-11-04T09:05:17.177Z" source_reported: "2026-11-04T08:33:07.965Z" updated: "2026-11-04T09:05:17.177Z" trust_score: 62 critic_score: 85 hype_score: 15 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-11-04T08:33:49.910Z" --- # Oracle cancels $7 billion AI chip deal with Tencent after US pressure *The US tech giant reportedly scrapped a five-year contract that would have supplied 100,000 advanced chips.* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 62 of 100, higher is better. Trust 62: FT cited, figures sourced, date/location given, but no named persons. - Craft 85 of 100, higher is better. Critic 85: explains why deal mattered, provides specific figures, notes unknown responses, stays factual. - Hype 15 of 100, lower is better. Hype 15: measured language, no exaggerated claims, headline modest. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - Oracle cancelled a five-year AI chip leasing contract with Tencent worth about $7 billion. - The deal would have provided Tencent with access to up to 100,000 advanced AI chips. - US officials raised concerns about the contract, leading Oracle to scrap it. - The Financial Times reported the cancellation, citing sources familiar with the matter. Oracle has cancelled a five-year contract to lease advanced artificial intelligence chips to the Chinese technology company Tencent. The deal was valued at approximately $7 billion and would have given Tencent access to up to 100,000 AI chips. The cancellation followed concerns raised by US officials. ## Disagreement on contract details The Financial Times reported that the contract was valued at seven billion dollars. Handelsblatt, citing the FT and two sources, also reported the seven billion dollar valuation. However, other reports, including digests from Dagens Industri, Social News XYZ, Biznis.rs, CNBC-TV18, Moneycontrol, WTVB, The Hindu Business Line, Bloomberg, and Seeking Alpha, also state the $7 billion valuation. The Hindu Business Line and Moneycontrol specified the contract was for 100,000 chips, a detail also mentioned by Handelsblatt and Biznis.rs. Handelsblatt also noted the chips would be used in multiple data centres in Southeast Asia. ## What the coverage left out None of the reports printed below mention any response from Oracle or Tencent regarding the cancellation. The White House also did not respond to inquiries, according to Handelsblatt. ## Who covered it Shares of the 8 covering outlets with a published leaning rating: - Left: 0% (0) - Centre: 25% (2) - Right: 75% (6) 5 of 13 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-11-04T08:33:49.910Z. **Coverage watch:** developing. Checked 4 times; 0 checks found a material change. Most recently checked 2026-11-04T10:00:24.482Z. ## How the sides framed it ### Left No separate framing summary. ### Centre - The centre-rated reports led with the cancellation of the deal and its value. WTVB and Bloomberg both highlighted that Oracle has cancelled a $7 billion chip leasing contract with Tencent. WTVB stated this was after pressure from the Trump administration, citing the Financial Times. Bloomberg also reported the cancellation, attributing the information to the Financial Times. ### Right - Right-rated reports focused on the cancellation of the AI chip deal and the role of US pressure. Handelsblatt reported that Oracle has apparently cancelled a billion-dollar contract with Tencent for AI chips, noting that the US government had expressed concerns. Business Times stated Oracle scrapped a US$7 billion deal to lease chips to Tencent under Trump pressure, according to the FT. CNBC-TV18 reported Oracle scrapped a $7 billion chip deal with China's Tencent after US pressure amid tightening export controls. Moneycontrol reported Oracle cancelled its $7 billion AI chip leasing deal with Tencent after Trump administration pressure, covering access to about 100,000 advanced chips. The Hindu Business Line reported Oracle cancelled a $7 billion deal to lease 100,000 chips to China's Tencent after US officials raised concerns. Seeking Alpha reported Oracle scraps a $7B chip leasing deal with Tencent after US officials raise concerns. **Provisional coverage gap:** left. The watch is not closed, so this is not yet a settled blindspot finding. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - mixed: 2 - high: 5 - unknown: 5 - veryHigh: 1 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [Dagens industri](https://di.se/live/uppgifter-oracle-fimpar-tencent-avtal) — Data: Oracle Scraps Tencent Deal - [Handelsblatt](https://handelsblatt.com/technik/ki/ki-chips-oracle-streicht-offenbar-milliardenschweren-vertrag-mit-tencent/100267182.html) — AI Chips: Oracle Apparently Cancels Billion-Dollar Contract with Tencent - [bhaskarlive.in](https://bhaskarlive.in/business/oracle-cancels-tencent-ai-chip-leasing-deal-following-us-pressure-report-2161525) — Oracle cancels Tencent AI Chip leasing deal following US pressure: Report - [Social News XYZ](https://socialnews.xyz/2026/11/04/oracle-cancels-tencent-ai-chip-leasing-deal-following-us-pressure-report) — Oracle cancels Tencent AI Chip leasing deal following US pressure: Report - [Biznis.rs](https://biznis.rs/novac/oracle-otkazao-ugovor-s-tencentom) — Oracle Canceled the Contract with Tencent - [Business Times](https://businesstimes.com.sg/companies-markets/oracle-scraps-us7-billion-deal-lease-chips-tencent-under-trump-pressure-ft-reports) — Oracle scraps US$7 billion deal to lease chips to Tencent under Trump pressure, FT reports - [CNBC-TV18](https://cnbctv18.com/business/companies/oracle-scraps-7-billion-chip-deal-with-china-tencent-after-us-pressure-report-20026711.htm) — Oracle scraps $7 billion chip deal with China's Tencent after US pressure: Report - [Moneycontrol](https://moneycontrol.com/news/business/oracle-scraps-7-billion-tencent-ai-chip-deal-after-trump-administration-pressure-14068779.html) — Oracle scraps $7 billion Tencent AI chip deal after Trump administration pressure - [WTVB](https://wtvbam.com/2026/11/04/oracle-abandons-7-billion-tencent-ai-deal-under-trump-pressure-ft-reports) — Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports - [The Hindu Business Line](https://thehindubusinessline.com/info-tech/oracle-cancels-7-billion-chip-leasing-deal-with-chinas-tencent-ft-reports/article71664185.ece) — Oracle cancels $7 billion AI chip leasing deal with Tencent - [Bloomberg](https://bloomberg.com/news/articles/2026-11-04/oracle-scraps-7-billion-deal-to-lease-chips-to-tencent-ft-says) — Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says - [Seeking Alpha](https://seekingalpha.com/news/4664456-oracle-cancels-7b-ai-chip-lease-with-tencent-amid-us-concerns-ft) — Oracle cancels $7B AI chip lease with Tencent amid US concerns: FT (ORCL:NYSE) - [BizToc](https://biztoc.com/x/efcfcfbe4c75e498) — Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says ## Questions **What was the value of the Oracle-Tencent contract?** The contract between Oracle and Tencent was valued at approximately $7 billion. It was a five-year agreement for the leasing of advanced artificial intelligence chips. **Why was the Oracle-Tencent contract cancelled?** The contract was cancelled after US officials raised concerns about the deal. This pressure from the US government led Oracle to scrap the agreement. **How many AI chips would the contract have supplied?** The cancelled contract would have provided Tencent with access to up to 100,000 advanced AI chips. These were intended for use in multiple data centres. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/oracle-cancels-7-billion-ai-chip-deal-with-tencent-after-us-pressure. Please cite as: MediaBias News, "Oracle cancels $7 billion AI chip deal with Tencent after US pressure", https://mediabias.news/business/oracle-cancels-7-billion-ai-chip-deal-with-tencent-after-us-pressure