Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads

August 12, 2026

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Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.

Chinese tech giant Tencent posts revenue beat on accelerating games sales, AI-driven ads

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