In the eyes of numerous investors, the three major telecommunications operators have traditionally been synonymous with "collecting phone bills," generating relatively steady revenues. However, the advent of DeepSeek has transformed the operators' computing power into a pivotal competitive edge against internet giants, with the integration of DeepSeek further consolidating this advantage.

The recent access of the three major operators to DeepSeek resources primarily focuses on upgrading and expanding their cloud businesses. Specifically, China Telecom's Tianyi Cloud supports DeepSeek-R1 applications across multiple platforms, offering comprehensive services from deployment to reasoning and fine-tuning. China Unicom's Unicom Cloud, through the "Xingluo" platform, adapts domestic and mainstream computing power to various DeepSeek-R1 model specifications. China Mobile's Mobile Cloud, deeply integrated into the domestic Ascend ecosystem, fully supports DeepSeek, achieving full version coverage, full-size adaptability, and comprehensive feature applications. This marks the official onset of a value reevaluation opportunity for the computing power businesses of the three major operators.

With this value reevaluation of the three major operators, their core suppliers are poised to benefit from the enhanced construction of computing power infrastructure and other supporting facilities. Among these suppliers, upstream hardware providers such as chip, PCB, optical module, and antenna manufacturers, midstream main equipment suppliers, and downstream cloud computing, industrial internet, and other solution providers are all anticipated to reap rewards.

Here, the author has compiled a list of related concept stocks for investors' reference.

In cloud services, the three major operators have established their own cloud computing platforms (e.g., Mobile Cloud, Tianyi Cloud, Unicom Cloud) and collaborated with third-party service providers like Alibaba Cloud and Tencent Cloud. For IDC services, companies like Guanghuan Xinwang and Datagang provide data center infrastructure support to the operators.

In large model collaboration, operators partner with AI firms like DeepSeek to optimize model training using operator data and promote applications in AI healthcare, education, and more. In computing power networks, operators spearhead the construction, involving server manufacturers (e.g., Inspur Information) and chip companies (e.g., Cambrian).

Moreover, in emerging businesses, companies like Mengwang Group and Zhongjiabo Chuang offer MaaP platform technical support, aiding operators in business upgrades.

Please note that concept stocks are solely for investors' reference and do not constitute investment advice.