Investment Rating - The report assigns an "Outperform" rating for the industry, indicating that the industry index is expected to exceed market benchmarks in the next six months [7][21]. Core Insights - The upcoming Huawei China Partner Conference and NVIDIA GTC 2025 are expected to catalyze the AI industry, showcasing developments in AI hardware and software, and providing clearer future guidance for the sector [1][8]. - The report emphasizes a strong outlook for the domestic and international AI industry, driven by discussions on foundational hardware, large models, and applications across various sectors [1][8]. Market Opportunity Analysis - The Huawei China Partner Conference will take place from March 20 to 21, 2025, focusing on digital transformation across industries, while NVIDIA GTC 2025 will occur from March 17 to 21, 2025, highlighting advancements in AI technology [1][8]. - Both events are anticipated to clarify the development trends in the AI field over the next 1-3 years, potentially catalyzing related stocks [1][8]. Related Companies - Key partners mentioned include iFlytek, ChinaSoft International, Softwin, Changshan Beiming, Meilin Data, and Dongsoft Group, among others [2][15]. - Companies involved in quantum computing include Guodun Quantum and Shenzhou Information [2][15].

证券研究报告 | 2025年03月16日 通信行业周报 2025 年第 12 周 优于大市 展望 2025 年英伟达 GTC 大会和华为合作伙伴大会 行业要闻追踪：展望英伟达 GTC 大会，关注 GB300 相关液冷和 CPO 技术。英 伟达将于3 月 17-21 日举办 2025 GTC 大会，预计将推出下一代 AI 芯片 GB300 以及 B300 GPU，对应网络互联方案核心技术有望加速商业化。1）温控液冷： B300 的 TDP（热设计功率）预计从 B200 的 1200W 提高至 1400W，散热要求更 高，因此 GB300 系列服务器全面采用液冷散热技术。当前阶段，液冷应用主 要采用冷板式技术；浸没式方案是长期发展方向；2）CPO：英伟达有望在 2025 年 GTC 大会上推出支持 115.2Tbps 信号传输的 CPO 交换机新品。 华为中国合作伙伴大会即将开幕，将发布技术创新成果。华为中国合作 伙伴大会 2025 将于 3 月 20 日-21 日在深圳举行。大会主题分别包含交 通 AI+、半导体电子智能化、政企数字化、智慧发电、车企"四化"等。 大会聚焦方向包括：1）商用终端新品亮相。华为擎云 ...