Is there enough compute supply that Oracle is leasing AI chips to a Chinese company?

I am surprised by this news that Oracle is leasing 100000 AI chips to Tencent. Does this mean that current GPU supply is exceeding demand from Anthropic, Open Ai and hyperscalars? With nvidia saying their sales will go up by 70% next year. and a very positive sales expectation from micron

CryptoAlerta — análise de criptomoedas e mercado em tempo real