Investment Rating - The industry investment rating is "Maintain Buy" for the communication sector [6] Core Insights - Nvidia launched the Blackwell Ultra GPU and CPO switches, marking a significant advancement in AI capabilities, with a performance increase of 2.5 times compared to previous models [16][30] - The Chinese government has included "deep-sea technology" as a strategic emerging industry, emphasizing its importance in national development [17][31] - Aurora Star successfully completed China's first 400Gbps inter-satellite laser communication test, enhancing satellite internet capabilities [17][31] Market Review - The A-share Shenwan Communication Index fell by 3.85% from March 17 to March 21, underperforming the CSI 300 Index by 1.56 percentage points [19][25] - Within the Shenwan Communication sector, communication services dropped by 5.19%, while communication equipment fell by 3.04% [20][24] Investment Recommendations - The report recommends focusing on sectors such as optical modules, operators, and communication equipment [18] - Specific companies to watch include: - Optical Modules: Zhongji Xuchuang, Tianfu Communication, Xinyi Sheng - Operators: China Mobile, China Telecom, China Unicom - Communication Equipment: ZTE Corporation, Unisoc [18]
通信行业周报：英伟达GTC推出CPO交换机，运营商财报陆续发布-2025-03-25
Yong Xing Zheng Quan·2025-03-25 07:05