通信行业2025年7月投资策略:互联网云厂重视ASIC自研芯片投入 AI算力高景气度延续

国信证券股份有...
Jun 28, 2025

2025 年6 月行情回顾:板块强于大市。6 月沪深300 指数全月上涨2.12%,通信(申万)指数全月上涨11.97%,强于大盘,在申万31 个一级行业中排名第1 名。各细分领域普遍上涨,光模块光器件板块表现亮眼,上涨25.98%。互联网云厂重视ASIC 自研芯片投入,AI 算力高景气度延续。(1)博通当季AI 营收亮眼,英伟达加速欧洲布局。受益于AI 网络的强烈需求,博通2025Q2 的AI ...

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