通信周跟踪：6G向天地一体化发展，英伟达推动AI-RAN商业化

Investment Rating - The report maintains an investment rating of "Outperform the Market" for the communication industry [1]. Core Insights - The global 6G standardization work has officially started, marking a new phase in 6G research and application. The 6G standard is expected to be established by 2025, with a technology roadmap set by 2027 and global commercialization aimed for 2030. Key research areas include integrated sensing and communication, wireless artificial intelligence, space-ground integration technology, intelligent reflecting surface technology, data services, new transmission protocols, and computing networks [2][22]. - NVIDIA is collaborating with SoftBank to create the world's first real-time 5G AI-RAN, leveraging NVIDIA's AI capabilities to enhance telecommunications networks. This partnership aims to meet the growing demand for sovereign AI, which is expected to be significant in sectors like research and government projects by 2025 [23][26]. Summary by Sections 1. Weekly View and Investment Suggestions - The report highlights the successful hosting of the 2024 Global 6G Development Conference in Shanghai, reigniting market interest in 6G investment concepts. The report emphasizes the importance of technological advancements in antennas, wireless interfaces, and AI-native capabilities as key differentiators of 6G compared to 5G [22][23]. - Suggested companies to focus on include those involved in 6G wireless interfaces, satellite internet, and AI-RAN technologies, such as ZTE, China Mobile, and China Telecom [27]. 2. Market Review - The overall market experienced a decline during the week of November 11-15, 2024, with the Shenwan Communication Index dropping by 2.12%. However, cloud computing, operators, and IDC sectors showed positive growth [28][29]. - Notable stock performances included significant gains for companies like Heertai and China Unicom, while others like Yuanjie Technology and Ruikeda faced substantial declines [28][31]. 3. News Announcements - Key industry news includes the strategic cooperation agreement signed between China Mobile and China Everbright Group, focusing on asset management and financial services [50]. - The report also notes the advancements in 6G technology, with calls for more collaboration among internet and vertical industry enterprises to deepen research and development efforts [50].