A research report by CICC Securities predicts that in the second quarter of 2025, the communications sector's revenue and net profit growth rates will increase compared to the same period last year, with gross and net profit margins reaching new highs since 2022. The AI computing power sector also performed strongly. Publicly offered funds and northbound funds hold 3.85% and 2.18% of the communications sector's market capitalization, respectively, both record highs. Currently, AI user penetration remains low, and the development of large models is still in the early to mid-stages, with the industrialization cycle just beginning. Investment in computing power driven by large models is burgeoning, and capital expenditures will increase with the growth of large model revenue, potentially creating a high ceiling for investment. AI computing power represents a major sector-wide market opportunity, with opportunities generally present in individual stocks across the industry chain. We recommend continued attention.