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

Posted on August 12, 2026
By CNBC
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1 min read

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

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.