On November 1, 2026, China Fortune Media reported that institutional research notes indicate Huawei's "Tao's Law" and Nvidia's Rubin chip are driving AI power supply systems toward nanosecond-level response, directly boosting structural demand for high-end capacitors and inductors made with nano nickel powder, specialty tin powder, ultra-high-purity indium, yttria-stabilized zirconia (YSZ), and tantalum powder. According to the research, AI server power architectures are evolving from 12V to 48V/54V, and with single-GPU power consumption exceeding 2000W, MLCC electrode nickel powder is being pushed toward nanoscale, low-oxygen, and narrow particle size distribution specifications, benefiting Boqian New Materials and Grirem Advanced Materials. Indium's irreplaceability in indium phosphide substrates, optical modules, and ITO targets is accelerating domestic substitution, benefiting Tin Industry Co. and Yunnan Germanium. YSZ, as a high-k dielectric layer and MLCC additive, is gaining prominence in AI server packaging, opening a technology positioning window for Sinocera Material and Orient Zirconic. Tungsten, affected by China's export controls and AI solder upgrades, has seen APT prices lead the rally, with China Tungsten and Xiamen Tungsten benefiting from a restructuring of the market landscape. This week, tungsten prices rose for a second consecutive week, with scheelite concentrate up 6.14% and uranium futures up 2.48%; LME nickel fell 4.07% for the week, Shanghai nickel fell 2.75%, cobalt sulfate dropped 14.29%, and lithium carbonate futures fell 9.03%.