内容概况：通感算控一体化作为一项前沿技术，近年来在中国取得了显著的发展。2024年，中国通感算 控一体化行业市场规模约为157.9亿元，同比增长10.57%。近年来，中国在该领域取得了显著的技术突 破。2023年，中国移动研究院、广东移动联合中兴通讯在深圳完成了业界首个"低频通感算控一体化"地 空多目标感知技术验证，实现了复杂移动环境下多目标轨迹的感知，探测距离最远超1.4公里，感知距 离精度最大达到亚米级。这一技术的成功验证不仅展示了通感算控一体化技术的先进性，也为未来的商 业化应用奠定了坚实基础。 相关上市企业：中兴通讯（000063）、中国移动（600941）、中国联通（600050）、中国电信 （601728）、信科移动（688387） 相关企业：华为技术有限公司、京信通信系统控股有限公司、中信科移动通信技术股份有限公司、华虹 半导体有限公司、杭州士兰微电子股份有限公司、航锦科技股份有限公司、四川海特高新技术股份有限 公司、中国东方红卫星股份有限公司、中国卫通集团股份有限公司、大疆创新科技有限公司、顺丰科技 有限公司、华润微电子有限公司 关键词：通感算控一体化、通感算控一体化市场规模、通感算控一体化行 ...

Investment Rating - The report suggests focusing on sectors driven by domestic AI development such as servers and IDC, as well as sectors benefiting from overseas AI development like servers and optical modules [4]. Core Insights - Nvidia's H20 sales resumption in China has positively impacted the data center sector, leading to a surge in related stocks, indicating improved market sentiment regarding computing power supply [1][2]. - ASML and TSMC reported better-than-expected Q2 2025 earnings, driven by strong AI demand, with ASML's net sales reaching €7.7 billion, up 23.2% year-on-year, and TSMC's revenue at NT$933.8 billion, up 38.6% year-on-year [1][59]. - The release of new AI models is accelerating technological iterations, with increased demand for inference and agent computing power [1]. - Companies like Zhongji Xuchuang and Xinyi Sheng have reported Q2 2025 earnings that exceeded market expectations, reflecting positive trends in the downstream industry [1][9]. Summary by Sections Server Sector - The server index increased by 4.59% this week and 3.96% this month, driven by accelerated AI computing investments from North American cloud providers like Google and Meta, which plan to invest $25 billion and hundreds of billions respectively in AI infrastructure [2][6]. - TSMC's optimistic forecast for 2025, expecting a 30% year-on-year sales growth, further validates strong downstream AI demand [6][59]. Optical Module Sector - The optical module index rose by 9.17% this week and 10.33% this month, with North American cloud providers driving demand for 800G optical modules [9]. - Zhongji Xuchuang and Xinyi Sheng are key suppliers in this sector, with projected net profits showing significant year-on-year growth [9]. IDC Sector - The IDC index increased by 5.28% this week and 4.31% this month, with the resumption of H20 supply alleviating previous chip shortages, indicating a potential turning point for the AIDC industry [12]. - The report anticipates continued growth in capital expenditures from domestic internet giants in the second half of 2025, supporting the domestic computing power chain [12].