全球AI或继续共振，通信ETF（515880）连续2日净流入超18亿元，规模突破150亿元

Group 1 - The core viewpoint indicates that global AI is expected to continue resonating, with significant capital inflow into communication ETFs, which saw over 1.8 billion yuan net inflow for two consecutive days, surpassing 15 billion yuan in total scale [1] - Open Source Securities forecasts a notable "siphon effect" from AI by 2026, with major companies like Google and Meta increasing their AI capital expenditure guidance, highlighting a gradual emergence of a positive feedback loop in AI [1] - Domestic AI giants such as ByteDance, Alibaba, and Tencent are anticipated to enter a phase of large-scale investment in AI computing power, with a focus on three core themes: "light, liquid cooling, and domestic computing power" [1] Group 2 - The communication ETF (515880) was the top performer in 2025, with an annual increase of 125.81%, leading the market in terms of growth [1] - As of December 31, 2025, the communication ETF's scale reached 15.166 billion yuan, ranking first among 15 similar products, with over 46% of its content in optical modules and nearly 20% in servers, reflecting strong fundamentals in overseas computing power [2] - The communication ETF remains a preferred choice in a favorable market environment, and continuous attention is recommended for its performance [1]