通信ETF（515880）跌超2.5%，回调或可布局，“光模块ETF”哪里找？通信ETF光模块占比近50%

Core Insights - The communication and communication equipment industry is experiencing development opportunities due to the global AI computing power resonance, highlighted by the strategic partnership between OpenAI and AMD to deploy 6GW of AMD GPU computing power [1] - The release of the video model Sora2 is accelerating the demand for computing power, with its multimodal capabilities consuming significantly more computing resources than voice models [1] - The ongoing domestic 5G construction is projected to reach a total of 4.646 million base stations by August 2025, representing a year-on-year growth of 19.46%, prompting attention to three main lines: optical modules, liquid cooling, and domestic computing power [1] Industry Trends - Continuous investment in computing power infrastructure both domestically and internationally is expected to maintain a high level of prosperity in the optical module market [1] - As of October 10, the communication ETF (515880) has exceeded 10 billion yuan in scale, with "optical modules + servers + copper connections + optical fibers" accounting for nearly 79% as of September 30, effectively representing the fundamentals of computing hardware [1] - Optical modules alone account for nearly 50% of this composition, indicating potential investment opportunities in related sectors [1]