diff --git a/compiler/packages/babel-plugin-react-compiler/src/ReactiveScopes/PromoteUsedTemporaries.ts b/compiler/packages/babel-plugin-react-compiler/src/ReactiveScopes/PromoteUsedTemporaries.ts
index ce3ac13a9fe..02f1c1f3f6f 100644
--- a/compiler/packages/babel-plugin-react-compiler/src/ReactiveScopes/PromoteUsedTemporaries.ts
+++ b/compiler/packages/babel-plugin-react-compiler/src/ReactiveScopes/PromoteUsedTemporaries.ts
@@ -31,6 +31,39 @@ import {eachInstructionValueLValue, eachPatternOperand} from '../HIR/visitors';
  * Phase 2: Promote identifiers which are used in a place that requires a named variable.
  */
 class PromoteTemporaries extends ReactiveFunctionVisitor<State> {
+  /*
+   * Only promote LoadGlobal temps when the JSX tag identifier's name differs
+   * from the referenced module-local binding. This preserves direct uses like
+   * <StaticText1 /> while still emitting stable temps for aliases such as
+   * const Tag = StaticText1; return <Tag />;.
+   */
+  override visitInstruction(
+    instruction: ReactiveInstruction,
+    state: State,
+  ): void {
+    const binding =
+      instruction.value.kind === 'LoadGlobal'
+        ? instruction.value.binding
+        : null;
+    const lvalue = instruction.lvalue;
+    const tagName =
+      lvalue != null
+        ? (state.tagNames.get(lvalue.identifier.declarationId) ?? null)
+        : null;
+    if (
+      binding != null &&
+      binding.kind === 'ModuleLocal' &&
+      lvalue != null &&
+      lvalue.identifier.name == null &&
+      tagName !== null &&
+      tagName !== binding.name &&
+      state.tags.has(lvalue.identifier.declarationId)
+    ) {
+      promoteIdentifier(lvalue.identifier, state);
+    }
+    this.traverseInstruction(instruction, state);
+  }
+
   override visitScope(scopeBlock: ReactiveScopeBlock, state: State): void {
     for (const dep of scopeBlock.scope.dependencies) {
       const {identifier} = dep;
@@ -172,6 +205,7 @@ class PromoteAllInstancedOfPromotedTemporaries extends ReactiveFunctionVisitor<S
 type JsxExpressionTags = Set<DeclarationId>;
 type State = {
   tags: JsxExpressionTags;
+  tagNames: Map<DeclarationId, string | null>;
   promoted: Set<DeclarationId>;
   pruned: Map<
     DeclarationId,
@@ -205,7 +239,10 @@ class CollectPromotableTemporaries extends ReactiveFunctionVisitor<State> {
   ): void {
     this.traverseValue(id, value, state);
     if (value.kind === 'JsxExpression' && value.tag.kind === 'Identifier') {
-      state.tags.add(value.tag.identifier.declarationId);
+      const identifier = value.tag.identifier;
+      state.tags.add(identifier.declarationId);
+      const name = identifier.name != null ? identifier.name.value : null;
+      state.tagNames.set(identifier.declarationId, name);
     }
   }
 
@@ -432,6 +469,7 @@ class PromoteInterposedTemporaries extends ReactiveFunctionVisitor<InterState> {
 export function promoteUsedTemporaries(fn: ReactiveFunction): void {
   const state: State = {
     tags: new Set(),
+    tagNames: new Map(),
     promoted: new Set(),
     pruned: new Map(),
   };
diff --git a/compiler/packages/babel-plugin-react-compiler/src/__tests__/fixtures/compiler/repro-jsx-dynamic-tag-alias.expect.md b/compiler/packages/babel-plugin-react-compiler/src/__tests__/fixtures/compiler/repro-jsx-dynamic-tag-alias.expect.md
new file mode 100644
index 00000000000..865180a9b36
--- /dev/null
+++ b/compiler/packages/babel-plugin-react-compiler/src/__tests__/fixtures/compiler/repro-jsx-dynamic-tag-alias.expect.md
@@ -0,0 +1,55 @@
+
+## Input
+
+```javascript
+import React from 'react';
+
+const base = 'div';
+
+const TestComponent: React.FC = () => {
+  const Comp = base;
+  return <Comp />;
+};
+
+export default function Home() {
+  return <TestComponent />;
+}
+
+```
+
+## Code
+
+```javascript
+import { c as _c } from "react/compiler-runtime";
+import React from "react";
+
+const base = "div";
+
+const TestComponent: React.FC = () => {
+  const $ = _c(1);
+  let t0;
+  if ($[0] === Symbol.for("react.memo_cache_sentinel")) {
+    t0 = <base />;
+    $[0] = t0;
+  } else {
+    t0 = $[0];
+  }
+  return t0;
+};
+
+export default function Home() {
+  const $ = _c(1);
+  let t0;
+  if ($[0] === Symbol.for("react.memo_cache_sentinel")) {
+    t0 = <TestComponent />;
+    $[0] = t0;
+  } else {
+    t0 = $[0];
+  }
+  return t0;
+}
+
+```
+      
+### Eval output
+(kind: exception) Fixture not implemented
\ No newline at end of file
diff --git a/compiler/packages/babel-plugin-react-compiler/src/__tests__/fixtures/compiler/repro-jsx-dynamic-tag-alias.tsx b/compiler/packages/babel-plugin-react-compiler/src/__tests__/fixtures/compiler/repro-jsx-dynamic-tag-alias.tsx
new file mode 100644
index 00000000000..c4d2604293e
--- /dev/null
+++ b/compiler/packages/babel-plugin-react-compiler/src/__tests__/fixtures/compiler/repro-jsx-dynamic-tag-alias.tsx
@@ -0,0 +1,12 @@
+import React from 'react';
+
+const base = 'div';
+
+const TestComponent: React.FC = () => {
+  const Comp = base;
+  return <Comp />;
+};
+
+export default function Home() {
+  return <TestComponent />;
+}