Investment in AI computing capabilities has now spilled over into the upstream materials sector. When examining the bill of materials for AI servers, it becomes evident that the cost of Multilayer Ceramic Chip Capacitors (MLCCs) ranks third, trailing only behind Graphics Processing Units (GPUs) and storage solutions. Meanwhile, electronic fabrics have undergone a transformation, evolving from traditional insulating substrates to sophisticated functional materials. Data from Wind indicates that, as of yesterday, both the MLCC index and the glass fiber index have soared by over 100% since the start of the year. Moreover, certain individual stocks in upstream material sectors have witnessed an even more remarkable surge, with increases exceeding 200%. Amidst this AI-fueled surge in material prices, managers of public funds are strategically investing along the industrial chain, making early moves to position themselves in sectors related to electronic fabrics and MLCC concepts.