通信ETF(515880)涨超2.5%，近10日净流入超27亿元，年内涨幅超102%居两市第一

Core Viewpoint - The communication ETF (515880) has seen a year-to-date market increase of over 102%, leading all ETFs in market performance [1] Group 1: AI Infrastructure Investment - Major overseas AI companies, including Google, Meta, Microsoft, and Amazon, are increasing their capital expenditure guidance for 2025, indicating a strong commitment to AI infrastructure development [1] - The demand driven by AI continues to strengthen, with Google’s Gemini experiencing over a 20-fold increase in monthly token consumption within a year [1] - Meta is exploring new AI-driven interaction models, while Microsoft’s Copilot has surpassed 150 million monthly active users [1] Group 2: Market Outlook for Optical Modules - The ongoing investment in computing infrastructure both domestically and internationally is expected to maintain a high level of prosperity in the optical module market [1] - The communication ETF (515880) holds the largest scale in its category, with optical modules accounting for 52% and servers for 22% of its portfolio as of October 28 [1] - Including fiber optics and copper connections, these segments collectively represent over 81% of the ETF, reflecting the fundamental strength of overseas computing [1]