TMT行业周报（6月第3周）：ASIC芯片景气度进一步提升-20250623

Investment Rating - The report provides a positive outlook on the TMT industry, particularly highlighting the increasing demand for ASIC chips and related sectors [1]. Core Insights - The demand for data centers has been revised upwards by 26%, increasing from $75 billion to $94 billion, driven primarily by ASIC chip business growth [3]. - The ASIC chip market space has been adjusted upwards by 29%, from $42.9 billion to $55.4 billion, indicating significant growth potential [3]. - The report emphasizes the acceleration of large model releases in AI applications, with notable developments from companies like MiniMax and OpenAI, suggesting investment opportunities in the AI application industry [3]. Weekly Market Review - The TMT sector experienced varied performance, with communication up by 1.58%, electronics up by 0.95%, while media and computer sectors saw declines of -1.81% and -1.83% respectively [3]. - Notable sub-sectors with gains included printed circuit boards (up 6.74%) and communication network devices (up 3.99%) [3]. - Top-performing stocks included Lianjian Optoelectronics (up 51.60%) and Sifang Jingchuang (up 29.21%) [3]. Industry News and Key Company Announcements - Major events in June include the 2025 Global High-Speed Copper Cable Innovation Technology and Supply Chain Conference and the Huawei Developer Conference [14]. - The report highlights the competitive landscape in AI, with multiple companies releasing new models and applications, indicating a rapidly evolving market [16][17]. - The report notes significant investments in AI infrastructure, including a $1 trillion AI center planned by SoftBank in Arizona [20].