Oracle cancels $7 billion Tencent AI chip deal under Trump pressureOracle Corp. has canceled a $7 billion chip leasing deal with Tencent Holdings after pressure from the Trump administration, according to the Financial Times.Nov 4, 2026·3 sourcesFinancial tiesU.S. technology trade restrictionsCompute access and pricingChip export controlsAI chipsUS–China AI competitionAI data centersTrump administrationCompute, chips & AI infrastructure00
