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The Straits Times·Tech

Oracle scraps reported US$7 billion Tencent chip deal

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Oracle scraps reported US$7 billion Tencent chip deal

Oracle has scrapped a reported five-year agreement to lease 100,000 chips to Tencent, according to the Financial Times. The deal was valued at US$7 billion, but the report gave no reason for its cancellation at this time.

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