通信行业周报：英伟达股价创新高，把握牛市进攻品种

Investment Rating - The report maintains an "Overweight" rating for the communication industry [5][16]. Core Insights - Nvidia's stock reached a new high, indicating a strong demand for AI chips, with its Blackwell chips already sold out before launch, suggesting a potential shortage for the next 12 months [4][14]. - The report emphasizes the importance of light modules as a promising investment aligned with AI trends, expecting strong performance due to high demand for AI chips and supportive monetary policy [4][14]. - The successful launch of the "Qianfan Constellation" satellites marks a significant step in low-orbit satellite construction, with plans for substantial increases in satellite deployment by 2025, indicating a competitive landscape in satellite internet technology [4][15]. Summary by Sections 1. Market Review - During the week of October 14-18, 2024, the Shanghai Composite Index and Shenzhen Component Index rose by 1.36% and 2.95%, respectively, while the CITIC Communication Index increased by 5.28%, ranking 6th among 30 primary industries [3][11]. - The communication sector showed an upward trend, with sub-sectors like communication equipment and telecom operations experiencing changes of 6.21% and 1.16%, respectively [3][11]. 2. Key Industry News - Amazon has joined other tech giants in investing in modular nuclear reactors, which may support its AI services in the future [5][17]. - China Telecom Quantum Technology has initiated a centralized procurement project for various server types, indicating ongoing investment in quantum computing infrastructure [5][17]. 3. Investment Recommendations - The report suggests focusing on companies involved in computing power and leasing, light modules, and optical chips, highlighting specific firms such as Runze Technology, ZTE Corporation, and Zhongji Xuchuang as potential investment opportunities [4][15].