✉news TechnologySemiconductors first seen 5 h ago, last 1 h ago, peak #3

Tencent leases 100,000 chips from Oracle for $7 billion

Original: Tencent leases 100,000 chips from Oracle for $7 bln- FT

Tencent has leased roughly 100,000 chips from Oracle in a deal worth about $7 billion, the Financial Times reports. The arrangement would give the Chinese tech giant access to large-scale computing capacity through Oracle's data centres, apparently as a workaround to US restrictions on exporting advanced chips directly to China. The story is drawing attention given the sensitivity of US-China semiconductor controls.

Why now: A reported multi-billion-dollar deal letting a Chinese firm access restricted US computing power via a third country highlights the scale of US-China semiconductor tensions.

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• Tencent leases 100,000 chips from Oracle for $7 bln- FT · Yahoo Finance
• Tencent leases 100,000 chips from Oracle for $7 bln- FT · Investing.com
• Tencent leases 100,000 chips from Oracle for $7 bln- FT · Yahoo Finance UK

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