A‑share MLCC sector rallied, with multiple stocks hitting daily limits including Shuangxing New Materials, Dongcai Technology and Fenghua Hi‑Tech; Boqian New Materials rose over 8% and Lihexing, Sanhuan Group, Jiemei Technology and Bojie also advanced. Goldman Sachs says MLCCs are now the third‑largest cost item in AI servers after GPUs and memory and projects the MLCC market will expand roughly 4.3‑fold between 2025 and 2030.

Financial Times reports Apollo Global Management and Blackstone have agreed a $35bn private credit package to finance Anthropic’s growth plans. Proceeds will be used to help Anthropic purchase chips developed by Alphabet. The deal, led by the two private-equity firms, is among the largest private-credit financings to date and underscores investor willingness to fund AI-related data‑centre infrastructure and compute for firms including Anthropic, OpenAI and Meta. Apollo and Blackstone did not respond to requests for comment.

China A-shares opened higher: Shanghai Composite +0.46%, Shenzhen Composite +1.16%, ChiNext Index +1.41%. MLCC, memory chips, semiconductors and optical fiber sectors led gains; oilfield services/engineering and coal underperformed.