流光溢彩,智算成城——从三季报看通信如何布局?

每日经济新闻
Nov 04, 2025

受益于AI浪潮中衍生出的强大引擎,通信行业呈现景气向上。2025Q3单季度共实现营业收入6321.00亿元,yoy+3.7%。净利润603.05亿元,yoy+12.3%。由于不同板块受益算力成长紧密度差异,不同部分仍存在较大景气分化。其中,运营商整体稳中有进,而与算力强相关的光模块、光芯片等业绩成长迅猛。由于目前尚无光模块的行业分类,我们以wind光模块概念指数成分股作为分析样本。2025Q3单...

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