政策加码与产业预期共振，光模块领涨，通信ETF（515880）涨超4%！

Core Viewpoint - The communication ETF (515880) has shown remarkable performance with a nearly 120% increase over the past year, driven by strong market activity and enthusiasm for investments in the sector [1]. Group 1: Policy Impact - The recent "AI+" action plan issued by the State Council emphasizes the need to accelerate the construction of intelligent networks and computing power infrastructure, which is crucial for the deep integration of AI and the real economy [1]. - This policy direction is expected to significantly benefit the communication industry, as it provides essential support for AI computing power transmission and smart terminal applications [1]. Group 2: Market Dynamics - Anticipation for new product launches from tech giants, particularly Apple's upcoming fall event, is enhancing market sentiment, with a focus on AI terminal applications and high-speed communication modules [1]. - The demand for 5G/6G communication modules and optical modules is expected to surge, benefiting leading companies in the optical module and equipment sectors due to technological upgrades and consumer electronics expansion [1]. Group 3: Industry Growth - The optical module segment is identified as the most promising growth area within the communication industry, driven by the explosive demand for AI computing power and the accelerated deployment of high-speed interconnect architectures in global data centers [2]. - Domestic manufacturers are making continuous breakthroughs in technology and cost, leading to a steady increase in their global market share [1][2]. Group 4: Investment Logic - The optical module is a critical component in the integration of the "AI+ communication" industry, as AI model training requires substantial computing power, which relies on high-speed optical communication [2]. - The demand for optical modules is expected to be sustainable and high-growth due to the expanding scale of model training, the proliferation of edge computing, and the deployment of AI terminals [2]. - The communication ETF (515880) serves as an effective tool for investors to gain exposure to the entire communication sector while indirectly covering high-quality optical module targets, making it a valuable asset in the AI-driven technology cycle [2].