Tencent Leases 100,000 AI Chips from Oracle in $7B Infrastructure Deal

Key Facts

1Tencent signed an agreement to lease 100,000 AI chips from Oracle Corporation.

2The total value of the deal is approximately $7 billion.

Tencent signed an agreement to lease 100,000 AI chips from Oracle Corporation. Investing.com reported that the total value of the deal is approximately $7 billion, as the Chinese company seeks to bolster computing capabilities for its overseas operations.

Oracle (ORCL) closed at $137.31 on September 30, 2026, while Tencent's US-listed shares (TCEHY) closed at $54.22 on the same date. The deal aims to secure critical AI infrastructure for Tencent amid high global demand for specialized computing power.