The American Oracle canceled a contract with the Chinese Tencent to rent computer chips worth 7 billion dollars. The deal fell through under pressure from the Donald Trump administration. Political pressure canceled the agreement between the two technology companies. The subject of the contract was actually the rental of chips, not their purchase. For Tencent, this program means access to computing resources through an American provider; For Oracle, this meant a significant commercial order. After the contract is terminated, this cooperation method no longer applies to the agreed transaction. The $7 billion figure shows that the US restrictions affect not only future trade in equipment, but also already concluded agreements on the use of computing power. In this case, the decisive argument for Oracle was not the terms of the contract or the customer's demand, but pressure from the White House. The conflict between the technology business and politics in the US took direct financial expression.

The American Oracle canceled a contract with the Chinese Tencent to rent computer chips worth 7 billion dollars. The deal fell through under pressure from the Donald Trump administration. Political pressure canceled the agreement between the two technology companies. The subject of the contract was actually the rental of chips, not their purchase. For Tencent, this program means access to computing resources through an American provider; For Oracle, this meant a significant commercial order. After the contract is terminated, this cooperation method no longer applies to the agreed transaction. The $7 billion figure shows that the US restrictions affect not only future trade in equipment, but also already concluded agreements on the use of computing power. In this case, the decisive argument for Oracle was not the terms of the contract or the customer's demand, but pressure from the White House. The conflict between the technology business and politics in the US took direct financial expression.