Investment Rating - The industry rating is maintained at "Outperform the Market" [7] Core Insights - Despite external political turbulence affecting market sentiment, the AI industry is viewed as a key investment theme for the year, with expectations for continued high prosperity in the AI sector and the AIDC industry chain [3][31] - Oracle's significant investment of approximately $40 billion to purchase 400,000 Nvidia GB200 chips for a new data center supporting OpenAI highlights the competitive landscape in AI infrastructure [12][14] - The introduction of Broadcom's third-generation 200G/lane CPO solution signifies advancements in optical technology, which are crucial for AI-driven applications [20][21] Summary by Sections 1. Artificial Intelligence and Digital Economy - Key recommendations include companies like Zhongji Xuchuang, New Yisheng, Tianfu Communication, and Yuanjie Technology in the optical module and optical device sector [4][34] - For switch server PCBs, recommended stocks include Huadian Co., ZTE, and Unisplendour [4][34] - Low valuation and high dividend stocks in cloud and computing resources are highlighted, including China Mobile, China Telecom, and China Unicom [4][34] - In AIDC and cooling solutions, key recommendations include Yingweike and Runze Technology [4][34] - For AIGC applications and edge computing, recommended stocks are Guohua Communication and Meige Intelligent [4][34] 2. Offshore Wind and Marine Cable - Key recommendations in the marine cable sector include Hengtong Optic-Electric, Zhongtian Technology, and Oriental Cable [5][35] - The recovery of overseas markets and concentration on leading companies is emphasized, with recommendations for companies like Huace Navigation and Weisheng Information [5][35] 3. Satellite Internet and Low-altitude Economy - The acceleration of low-orbit satellite development and low-altitude economy is noted, with key recommendations for companies like Huace Navigation and Haige Communication [6][36] 4. Recent Industry Dynamics - Oracle's procurement of Nvidia chips for AI data centers and the establishment of a new data center in the UAE as part of the Stargate project indicates a significant push in AI infrastructure [12][14] - Broadcom's advancements in CPO technology are crucial for supporting large-scale AI clusters, showcasing the importance of optical interconnect technology in the AI sector [20][21] 5. Market Performance - The communication sector experienced a decline of 1.93% in the week of May 19-23, underperforming compared to the CSI 300 index [37]