Oracle has reportedly signed a $7 billion deal with Tencent. It could provide relief for the troubled stock.

MarketWatch· Nora Redmond· Oct 1, 2026 · 10:10 AM

Tencent signed a five-year deal which allows it to access artificial-intelligence chips not previously available in the country, according to the Financial Times.

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Oracle has reportedly signed a $7 billion deal with Tencent. It could provide relief for the troubled stock.

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