Investment Rating - The industry investment rating is maintained as "Recommended" [1] Core Insights - North American major companies are expected to maintain high growth in capital expenditures for 2025 [1] - The report highlights a significant increase in capital expenditures, with projections for FY2025 reaching 800 billion, up from 445 billion in FY2024, indicating a growth rate of approximately 80% [2][4] - The report also notes that AI-related investments are projected to grow significantly, with a forecast of 600-650 million for Meta in FY2025, reflecting a growth rate of 53%-66% [2][4] Summary by Sections Industry Dynamics - Dell'Oro Group forecasts an 11% growth in WLAN for 2025, driven by the adoption of Wi-Fi 7 technology [8] - The report mentions various companies and their expected performance, including Meta's anticipated revenue growth and capital expenditures [2][4] Major Events Reminder - Several shareholder meetings are scheduled for February, including those for Dongxin Peace, Huazheng New Materials, and Qifan Cable [9]
通信行业周报：北美大厂2025年资本开支维持高增长
INDUSTRIAL SECURITIES·2025-02-12 01:48