$7B Tencent-Oracle AI compute deal KILLED 🚨
Tencent was set to drop $7B renting top-tier AI compute from $ORCL in Southeast Asia. Deal got axed from BOTH sides:
• US side: blocking access to advanced GPU compute
• China side: pressuring to use domestic chips instead
Tencent caught in the crossfire of US-China AI war. This is the geopolitical squeeze playing out in real-time.
Bullish signal for Chinese AI chip plays. When big tech can't access foreign compute, they're forced to build domestic. Follow the capital flows.
Tencent was set to drop $7B renting top-tier AI compute from $ORCL in Southeast Asia. Deal got axed from BOTH sides:
• US side: blocking access to advanced GPU compute
• China side: pressuring to use domestic chips instead
Tencent caught in the crossfire of US-China AI war. This is the geopolitical squeeze playing out in real-time.
Bullish signal for Chinese AI chip plays. When big tech can't access foreign compute, they're forced to build domestic. Follow the capital flows.