通信ETF（515880）涨超5.5%，博通AI推理需求或触发产业重估

Group 1 - The core viewpoint indicates that Broadcom's recent strategy meeting signals that AI inference demand has entered a rapid growth phase and is still in the early stages of an upward trajectory, suggesting potential systematic revaluation of the industry due to demand growth exceeding current capacity [1] - AI inference demand has significantly exceeded expectations, with current demand surpassing existing capacity and not accounted for in Broadcom's previous market size forecast for 2027, indicating a possibility for future earnings upgrades [1] - Broadcom emphasizes that AI inference workloads impose higher requirements for high bandwidth and low latency networks, leading to a continuous increase in the revenue share of network products, with the current spending ratio on computing and network equipment in AI systems being approximately 3:1 [1] Group 2 - The overseas computing power industry chain has formed a complete closed loop, and Broadcom's guidance exceeding expectations reinforces the logic of increased investment in AI, with components like optical modules benefiting from the iteration of high-speed optical interconnection technology [1] - The communication ETF tracks the communication equipment index, which is compiled by China Securities Index Co., Ltd., selecting listed companies in the A-share market involved in communication network infrastructure and terminal equipment to reflect the overall performance of the communication equipment industry [1] - This index exhibits significant industry concentration and technological orientation characteristics, effectively reflecting the market trends of the communication equipment sector [1]