通信ETF（515880）涨超1.3%，资金面看，近10日净流入超4亿元，行业估值回升与创新应用受关注

Group 1 - The core viewpoint of the article indicates that the communication industry will focus on "AI-driven multi-dimensional enhancement and deepening of domestic trends" by 2026 [1] - The overseas AI computing power network is evolving from Scale out to Scale up, with Ethernetization and an open ecosystem becoming significant growth drivers [1] - The optical communication industry chain will extend from optical modules, with silicon photonics expected to experience rapid growth by 2026, and the introduction of CPO networks will enhance the overall industry outlook [1] Group 2 - The trend of optical-electrical hybridization is clear, with AI communication penetrating through optical connections and new materials [1] - Domestic production is accelerating in four key areas: chips, cloud, network, and terminal, leading to significant improvements in local computing power infrastructure (AIDC) supply and demand [1] - The communication ETF (515880) is the largest in its category, with over 48% of its composition in optical modules and nearly 20% in servers, indicating strong fundamentals for overseas computing power [1]