According to the research report released by CITIC Construction Investment, the burgeoning demand for AI computing power is shifting inflationary pressures towards the upstream materials sector. Japanese enterprises currently dominate the global semiconductor materials market, securing the leading market share in 14 out of the 19 primary materials. Since the latter half of 2025, intensifying bilateral tensions have created a strategic opportunity for domestic material substitution. The unwavering demand for AI computing infrastructure, coupled with the rationale for domestic substitution, is propelling rapid advancements in critical areas such as powder materials and fluoropolymer materials. Specifically, upgrades in AI servers and the expansion of automotive-grade electronics have spurred a significant increase in demand for high-end MLCCs, thereby enhancing the prospects for upstream materials like barium titanate powder. Fluoropolymer materials, celebrated for their exceptional chemical resistance and insulation properties, have emerged as essential components in semiconductor manufacturing processes. CITIC Construction Investment advises focusing on the certification progress and investment opportunities of domestic semiconductor material companies that are accelerating import substitution efforts.