✉news TechnologySemiconductors first seen 1 d ago, last 1 d ago, peak #24
Tencent leases 100,000 Nvidia AI chips via Oracle in $7 billion deal
Original: China's Tencent taps Oracle for 100,000 AI chips in $7B lease deal - report
Tencent has arranged to lease roughly 100,000 Nvidia AI chips through Oracle in a deal worth about $7 billion, according to a report. The arrangement would give China's largest gaming and social media company access to US-made AI hardware despite export restrictions banning direct sales of advanced chips to Chinese firms, highlighting how Chinese companies are routing around Washington's controls through foreign cloud providers.
Why now: The reported deal shows a major Chinese tech firm potentially circumventing US chip export controls, raising geopolitical and regulatory questions.
TencentOracleNvidiaChinaUnited States
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