On August 5, 2026, MLCC concept stocks performed strongly, with Fenghua Advanced Technology approaching the daily limit, and several other stocks, such as Boqian New Materials, following suit. Benefiting from the high growth in demand for AI servers and battery electric vehicles, demand for high-capacity MLCCs has surged, leading to extended lead times, with ultra-high-capacity MLCCs particularly in short supply. Despite minor capacity expansions by leading companies such as Murata and Samsung Electro-Mechanics, it will take more than a year for the new capacity to come online, making it difficult to alleviate the tight supply-demand balance in the short term.