Xin Lang Cai Jing·2025-09-23 02:21Group 1 - The telecom business revenue in China reached 1,043.1 billion yuan in the first seven months, showing a year-on-year growth of 0.7%. The total telecom business volume, calculated at constant prices from the previous year, increased by 8.9% [1] - In July, China's optical module exports decreased significantly, with a year-on-year drop of 30% for the month and a cumulative decline of 14% from January to July. This is attributed to domestic optical module companies establishing factories overseas [1] - Major cloud service providers, including Microsoft, Google, Meta, and Amazon, reported substantial capital expenditures in Q2 2025, with increases of 28%, 70%, 102%, and 91% respectively [1] Group 2 - Huawei announced its Ascend AI chip and Kunpeng CPU technology roadmap at the 2025 Connect Conference, planning to launch the Ascend 950PR chip with a computing power of 1 PFLOPS by 2026 [2] - The optical communication sector has experienced significant volatility recently, but strong demand for AI computing power indicates that the fundamentals of the optical module industry remain solid. The AI-driven computing expansion cycle is far from over [2] - As of September 23, 2025, the Guozheng Communication Index rose by 2.04%, with the Guangfa Communication ETF (159507) increasing by 2.23%, marking six consecutive days of gains [2]