BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company.

In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature among Nvidia’s competitors for at least three prior years.

Nvidia listed Huawei among its competitors in four of five categories, including chips, cloud services, computing processing and networking products.

“There’s a fair amount of competition in China,” Nvidia CEO Jensen Huang told CNBC’s Jon Fortt Wednesday.

“Huawei, other companies, are … quite vigorous and very, very competitive,” Huang said.

Since 2019, the U.S. has restricted Huawei’s ability to access technology from American suppliers, from advanced 5G chips to Google’s Android operating system.

Huawei’s revenue exceeded 860 billion yuan ($118.27 billion) in 2024, state media reported, a 22% jump in revenue from 2023, and the fastest growth since a 32% increase in 2016, according to CNBC calculations of publicly released figures. Huawei typically publishes its annual reports in March.

The company’s revenue barely grew in 2020, and plunged by nearly 29% in 2021. Its consumer segment was hit hard, and even as revenue rose 17% year on year to 251.5 billion yuan in 2023, it was just over half of what the unit generated at its peak in 2020.

The telecommunications company started to make a comeback in the smartphone market in 2023 with the release of its Mate 60 Pro in China. Reviews indicated the device offers download speeds associated with 5G — thanks to an advanced semiconductor chip.

Just over a year later, Huawei launched the Mate 70 smartphone series that uses the company’s first fully self-developed operating system, HarmonyOS NEXT.

Meta apologized on Thursday and said it had fixed an “error” that resulted in some Instagram users reporting a flood of violent and graphic content recommended on their personal “Reels” page. 

“We have fixed an error that caused some users to see content in their Instagram Reels feed that should not have been recommended. We apologize for the mistake,” a Meta spokesperson said in a statement shared with CNBC. 

The statement comes after a number of Instagram users took to various social media platforms to voice concerns about a recent influx of violent and “not safe for work” content in their feeds. 

Some users claimed they saw such content, even with Instagram’s “Sensitive Content Control” enabled to its highest moderation setting.

According to Meta policy, the company works to protect users from disturbing imagery and removes content that is particularly violent or graphic. 

Prohibited content includes videos “depicting dismemberment, visible innards or charred bodies,” as well as content that contains “sadistic remarks towards imagery depicting the suffering of humans and animals.” 

However, Meta says it does allow some graphic content if it helps users to condemn and raise awareness about important issues such as human rights abuses, armed conflicts or acts of terrorism. Such content may come with limitations, such as warning labels.

On Wednesday night in the U.S., CNBC was able to view several posts on Instagram reels that appeared to show dead bodies, graphic injuries and violent assaults. The posts were labeled “Sensitive Content.”

Salesforce reported weaker-than-expected quarterly revenue on Wednesday and issued a forecast that fell short of analysts’ estimates. The stock price slipped 4% in extended trading.

Here’s how the company did compared with LSEG consensus:

• Earnings per share: $2.78 adjusted vs. $2.61 expected
• Revenue: $9.99 billion vs. $10.04 billion expected

Revenue increased 7.6% from a year ago in the quarter that ended Jan. 31, according to a statement. Net income rose to $1.71 billion, or $1.75 per share, from $1.45 billion, or $1.47 per share, a year earlier.

The top category of subscription and support revenue was service, at $2.33 billion. The figure was up about 8% and below the $2.37 billion consensus among analysts surveyed by Visible Alpha. In the sales category, Salesforce generated $2.13 billion in revenue, up 8% and also trailing Visible Alpha’s consensus of $2.17 billion.

During the quarter, the company introduced its second-generation Agentforce artificial intelligence agent technology, which answers employee questions in the Slack team communications app.

Salesforce said it has completed more than 3,000 paid deals involving Agentforce since October. Agentforce has gotten involved in 380,000 conversations through Salesforce’s help website, with humans getting involved in 2% of cases, according to the statement.

“A lot of other vendors are talking about their agent capabilities, but few are able to show that they’ve got this really running at scale,” co-founder and CEO Marc Benioff said on a conference call with analysts.

Agentforce will make a modest contribution to revenue in fiscal 2026, with a larger effect in the following year, said Amy Weaver, Salesforce’s outgoing finance chief.

Benioff referred to a forthcoming product in the area of information technology service management, where ServiceNow operates.

The U.S. Department of Government Efficiency is using Slack, Benioff said.

“We’ll work closely with the government,” he said. “We’ll do anything we can to help them succeed.”

The company called for $2.53 to $2.55 in adjusted earnings per share for the fiscal first quarter, with $9.71 billion to $9.76 billion in revenue. Analysts polled by LSEG had anticipated adjusted earnings of $2.61 per share, with $9.9 billion in revenue.

For fiscal 2026, Salesforce is targeting $11.09 to $11.17 in adjusted earnings per share on $40.5 billion to $40.9 billion in revenue, implying 7.4% growth. The LSEG consensus was for adjusted earnings per share of $11.18 on $41.35 billion in revenue.

As of Wednesday’s close, Salesforce shares are down about 8% so far in 2025, while the S&P 500 index has gained about 1%.