关税再迎缓和信号，通信ETF（515880）涨超5%，光模块占比近50%

Group 1 - Trump continues to signal tariff easing, exempting dozens of products from "reciprocal tariffs" and indicating willingness to exclude more items from tariffs during trade agreements [3] - Recent earnings reports from domestic computing power leaders show significant revenue increases, catalyzing the domestic computing power sector [3][4] - The Chinese AI market is expected to reach $50 billion this year, with a growth rate exceeding 50%, highlighting the importance of domestic computing power development [4] Group 2 - The AI application market is experiencing rapid growth, with advancements in large models enhancing performance and reshaping software and hardware functionalities [5] - The communication ETF (515880) is positioned well, with nearly 50% of its holdings in optical modules, representing a strong opportunity for investment [6] - The communication ETF ranks first among its peers with a total scale of $8.46 billion, indicating robust fundamentals in computing hardware [6]