省领导王海鹏、李九红，省政府秘书长吕来升，省直有关部门负责同志等参加座谈。 方榕表示，中兴通讯始终将陕西视为公司战略布局的核心区域，愿进一步依托陕西科教、产业、区 位、场景等优势，围绕算力拓展、数字底座、行业赋能、生态共建等方面布局更多高端项目，为陕西高 质量发展现代化建设注入新动能。 2月26日，省委书记赵一德、省长赵刚在西安与中兴通讯董事长方榕一行座谈。 赵一德代表省委和省政府对方榕一行来陕表示欢迎，向中兴通讯长期以来给予陕西发展的支持表示 感谢。他说，当前陕西正按照党的二十届四中全会部署，积极抢抓数字化、网络化、智能化深入发展的 历史机遇，加强数字技术创新攻关，大力实施"人工智能+"行动，加快推动产业数字化转型、数字产业 化发展。中兴通讯作为全球领先的综合信息与通信技术解决方案提供商，与我省有着良好的合作基础和 前景。希望双方进一步加强战略对接，持续深化新型数字基础设施建设、数字经济核心产业发展、应用 场景拓展、信息技术人才培养等方面的合作，在携手推进数字中国建设中实现互利共赢。我们将持续优 化营商环境，为企业在陕发展创造良好条件。 ...

过去两年，智能体（Agent）是AI行业最重要的叙事，现在聚光灯正收束到一个更具体的方向：端侧智能体。 在海外，名为OpenClaw的智能体在硅谷技术圈走红，接管一众开发者的电脑；在国内，字节跳动把豆包嵌入手机，样机价格在二手市场居高 不下。这些智能体运行在手机、电脑和汽车上，能操作本地环境和所有工具，点外卖、打游戏、炒股票，把执行力拉到极致。 手机智能体，体验在退化？ 越来越多智能体从云端落入个人终端。在国内，豆包手机助手是端侧智能体破圈的一个起点，但这条路并不始于此。 智能体还会接管更多个人设备。在发售工程版"豆包手机助手"后，据媒体披露，字节已于去年年底启动正式版手机项目，搭载智能体的新机预 计于今年Q2发布。 我们近期还从多方了解到，包括阿里系在内的多家App与字节跳动达成停火协议，App允许努比亚设备的手动登录，豆包主动限制AI操作场 景，双方回到"井水不犯河水"的状态。 行业正在形成一个共识：未来智能体的壁垒，在于能打通多少个人设备，能互联多少服务。智能体想成为新的能力层，重组我们与设备、与 App的连接方式。 但这种互联互通的技术趋势，也撞上了合规边界。智能体要想操作手机，需要利用高敏感权限进行 ...

来源：ETF洞察 【导读】通信ETF集体涨超2%，AI算力主线再成市场焦点 另外，跟踪中证全指通信设备指数和中证通信设备主题指数的ETF各有一只，分别为国泰基金的通信ETF和富国基金的通信设备ETF，日涨幅分别为2.58% 和2.47%。 中国基金报记者 王思文 大家好！这里是"ETF洞察"。今天我们来聊聊通信ETF。 2月26日，A股三大指数涨跌互现。盘面上，受英伟达业绩超预期驱动，叠加国内技术突破提振市场情绪，算力硬件板块强势拉升，通信板块冲击阶段新 高，光通信概念股走强，CPO概念震荡拉升，多股涨停。 先来梳理一下市场上的通信行业指数。 当前市场上的通信行业指数布局还是很丰富的，今天的表现也十分亮眼。 然而，并非所有通信行业指数都有对应的跟踪ETF，目前已有产品覆盖的主要是上述后5个指数，合计7只ETF。它们已经成为市场捕捉通信板块行情的优 质工具。 多只通信类ETF大涨 受板块行情带动，今日7只通信类ETF大幅上涨，成为场内焦点品种。 具体来看，跟踪中证5G产业50指数的5G ETF博时涨幅领先，日涨幅达3.41%。该产品溢价率为0.27%，换手率为18.84%，年初至今涨幅已超9%。 跟踪国证通信指 ...

新春伊始，深圳湾超级总部基地（以下简称深超总）建设全面提速。记者从深圳市住房和建设局获悉， 目前，该片区已完成80%土地出让；片区总投资约2100亿元，已累计完成投资约1200亿元；吸引中国电 子、招商银行、深投控、京东、恒力集团、中兴通讯、中信证券、欧加(OPPO)、大疆等多家世界500强 或创新型科技企业，截至目前已有19家企业总部入驻。 官方网站 NGTON The Property n 1 20 er 8 T 學 深圳大件事 大学 深圳大件 ilini 深圳市住房和建设局相关负责人介绍，相对于其他城市CBD，深超总的规划建设更具有创新与活力的 特质，通过"总部+文化+生态"的复合功能布局，为高密度城市开发提供了平衡经济、生态与人文需求 的全新解决方案。 采写:南都N视频记者 陈荣梅 深圳市住房和建设局供图 ...

Core Viewpoint - Samsung has officially launched the Galaxy S26 series, emphasizing its deep integration with Google's Gemini as a significant upgrade, particularly focusing on AI-driven "smartphone autopilot" capabilities, which has garnered industry attention [1][3] Group 1: Product Features and Comparisons - The Galaxy S26 series is perceived as a major upgrade due to its AI operational capabilities, which are designed to enhance user experience through automated tasks [1] - ZTE's Nubia technology president, Ni Fei, commented that the AI capabilities showcased by Samsung are similar to those previously demonstrated by Nubia's M153 Doubao phone, indicating that Samsung's offering still has room for improvement [1][3] - Ni Fei noted that Samsung's AI features primarily rely on GUI interaction logic, focusing on single-scenario multi-step operations, such as ride-hailing and shopping, which still require background task execution [3] Group 2: Competitive Landscape and Future Directions - The emergence of AI smart agents in smartphones is becoming a common evolutionary direction within the industry, as highlighted by Samsung's recent developments [3] - Nubia's M153 Doubao phone has advanced the concept of "smartphone autopilot" to a system level, covering a broader range of real-world usage scenarios compared to Samsung's current offering [3] - The competition among leading manufacturers will likely hinge on the implementation paths, depth of integration, and overall system capabilities of AI smart agents in smartphones [3]

Investment Rating - The industry investment rating is "Positive" and maintained [12] Core Insights - The communication sector saw a 2.35% increase in the 6th-7th week of 2026, ranking 6th among primary industries in the Yangtze River region; since the beginning of 2026, it has risen by 0.44%, ranking 27th [2][6] - Tower's silicon photonics revenue doubled, with a high demand for 1.6T, and capacity expansion plans have been adjusted with prepayments secured; silicon photonics modules continue to penetrate the market [2][10] - Vertiv's orders and backlog reached new highs, with a shipment-to-order ratio rising to 2.9 times [2][10] - ByteDance's Seedance 2.0 has industry-leading generation availability, while Google's Gemini 3.1 Pro tops the charts, and Anthropic's annual revenue is growing rapidly at $14 billion [2][10] - OpenAI's cumulative computing expenditure is expected to exceed $600 billion by 2030, with an upward revision of revenue forecasts [2][10] Summary by Sections Market Performance - In the 6th-7th week of 2026, the communication sector increased by 2.35%, ranking 6th among primary industries; since the start of 2026, it has risen by 0.44%, ranking 27th [2][6] - Among companies with a market capitalization above 8 billion, the top three gainers this week were Dawei Technology (+39.4%), Shengke Communication (+31.7%), and Shenling Environment (+29.6%); the top three decliners were Tongyu Communication (-11.7%), Dingtong Technology (-9.7%), and Xinke Mobile (-9.3%) [6] Company Highlights - **Tower**: In Q4 2025, revenue reached $440 million, a year-on-year increase of 13.7%, with GAAP net profit of $80 million, up 45.3%. The company expects silicon photonics revenue to reach $228 million in 2025, doubling from 2024, and has raised its capacity target from 3 times to over 5 times the Q4 2025 shipment [7] - **Vertiv**: In Q4 2025, revenue was $2.88 billion, a year-on-year increase of 22.7%, with GAAP net profit of $450 million, up 203.1%. The company reported a significant increase in organic orders, with a year-on-year growth of 252% [7] AI Model Developments - On February 12, ByteDance launched Seedance 2.0, achieving industry-leading performance in complex scenarios with a high generation availability rate [8] - Anthropic completed a $30 billion Series G financing round with a post-money valuation of $380 billion, reporting an annual revenue of approximately $14 billion [8] - On February 19, Google released Gemini 3.1 Pro, which ranked first in AI analysis, showing significant improvements in reasoning capabilities [8] Future Projections - OpenAI updated its financial outlook, projecting cumulative computing-related expenditures to exceed $600 billion by 2030, with training costs expected to rise significantly in 2025 and 2026 [9]

Core Insights - The Shenzhen Bay Super Headquarters Base (referred to as "Deep Super Total") is accelerating its construction, with 19 enterprises including JD.com, ZTE, DJI, China Electronics, and China Merchants Bank officially settled in, injecting strong momentum into Shenzhen's high-quality development [1][3] Group 1: Project Progress - As of now, 80% of the land has been transferred, with a total investment of approximately 210 billion yuan and cumulative investment of about 120 billion yuan, attracting a number of Fortune 500 companies and industry leaders to form a high-end headquarters economic cluster [3] - Multiple projects within the Deep Super Total have made significant progress, including the completion of the Shenshan Huiyun Center and the headquarters of Digital China, which are now in use [3] - Key buildings such as the China Electronics Building, Tianyin Building Phase I, and the global headquarters of China Merchants Bank have completed registration, while several others have reached the topping-out stage [3] Group 2: Infrastructure and Planning - The Deep Super Total is located in a core coastal area of Shenzhen, covering a planned area of 117 hectares, with a total development area of approximately 5.2 million square meters and a planned population of about 250,000 [3] - The area is designed with a "headquarters + culture + ecology" composite layout, aiming to create a central green axis that connects mountains and seas, establishing a blue-green ecological pattern [3]

2月26日消息，中兴通讯终端事业部总裁、努比亚技术有限公司总裁倪飞今日发微博表示，看到三星 S26系列与Gemini带来手机自动驾驶相关能力，很高兴国际巨头正式跟进这条赛道，虽然比我们努比亚 M153豆包手机技术预览版发布晚了三个月，但这也印证了努比亚率先探索的AI智能体是手机行业的共 同方向。 倪飞还表示，看到三星S26+Gemini的组合，同样采用了GUI方式，但只实现了努比亚M153的局部能 力，还是有些遗憾。努比亚M153已经率先将手机自动驾驶推进到全场景系统级的应用，并非单一场景 的演示。看来在AI智能体手机端侧应用的落地深度与场景完整性上，nubia始终以先锋姿态走在行业前 列。 "行业需要更多伙伴共同探索，也期待三星与谷歌继续完善场景覆盖与系统级深度，大家一起推动AI手 机真正走进用户生活。" 2月26日消息，中兴通讯终端事业部总裁、努比亚技术有限公司总裁倪飞今日发微博表示，看到三星 S26系列与Gemini带来手机自动驾驶相关能力，很高兴国际巨头正式跟进这条赛道，虽然比我们努比亚 M153豆包手机技术预览版发布晚了三个月，但这也印证了努比亚率先探索的AI智能体是手机行业的共 同方向。 倪飞还表 ...

【金融街证券ETF研究】证券研究报告 · 基金研究 | 2026/2/25 分析师:张一 S0670524030001 | 张宁 S0670524090001 | 刘艳平 S0670512050002 | 余闵华 S0670524050001 |周晟昂 S0670525050001 | 陈阳 S0670525120001 | 蔡萌萌 S0670524110001 | 徐娜 S0670524020001 "十五五"规划—人工智能(算力) 技术概况: 人工智能(ArtificialIntelligence,Al)是研究、开发 用于模拟、延伸和扩展人类智能的理论、方法、技术及应用系统的 一门技术科学,其核心在于通过计算机系统模拟人类智能,应用领 域涵盖机器人、语言识别、图像处理、智能决策等等。 2 筛选逻辑:以人工智能(AI)算力相关硬件上游、硬件、服务器等 产业链环节核心股票池为基础,通过基准指数权重穿透方法,计算 各ETF基准指数持股权重,保留权重较高的指数和ETF产品。 人工智能一算力产业链公司 一 服务器 9 硬件上游 算坑 · 德福科技 /菲利华 · 浪潮信息 / 紫光股份 产业能 · 工业富联 / 中兴 ...

2025年的全球企业研发榜单一出，多少人先是激动，再是沉默。 我们以为，时代的风早已转向东方；我们喊着"中国要超越"的口号，觉得美国躺在膨胀幻觉里早该谢幕。但这份榜单，像一面镜子，冷冷地照出中美之间隐 性的距离。 全球前十的企业中，中国唯一代表是华为，排名第六；前五全是美国公司。 中国除了华为，竟真就没人进得去这场世界顶尖研发的"封神榜"？ 2025年，华为的研发投入高达229.41亿欧元，约合1870亿元人民币，比排在中国第二的腾讯高出2.5倍！ 这可不是烧钱换流量，这是踏踏实实地把钱砸进实验室，堆出专利、标准和底层能力。华为公布的数据也很直接截至去年底： 这不是普通公司能有的战斗力。这是一个敢逆全球技术封锁而上的中国高科技企业，靠死磕自主创新硬生生杀出的一条血路。 往下看，情况更复杂。全球研发TOP2000榜总投资中，美国企业占了47.1%，数量达674家；中国企业为525家，投资占比仅为16.1% 美国，不仅压着我们数量多，砸的钱更多，狠劲也更足。美国企业知道只有砸钱，未来才不是死路一条。 你可以说他们"泡沫"，但你不能否认他们真敢"赌技术的未来"。 而我们看起来企业上榜数挺多，但整体强度偏低，平均值被 ...