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After years of survival, China's Huawei returns to revenue peak [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of "survival mode". The company is set to confirm that it took 860 billion yuan ($118 billion) in revenues last year, just shy of its 2020 peak of 891 billion yuan, before chip stockpiles dwindled and U.S. restrictions cut consumer business revenues in half. Its chairman disclosed its 2024 revenue in February. It will also report full-year profit. In October, it posted a 13.7% drop in nine-month net profit. Huawei's executives have previously said Washington's moves pushed the company into "survival mode", driving it to explore new business lines that have largely involved creating products that can serve as alternatives to Western technology and partnering with local Chinese authorities and government-backed firms. The company has in past months struck a more confident tone, with founder Ren Zhengfei telling Chinese President Xi Jinping in May t [Read more]
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