Link to the code that reproduces this issue

https://github.com/nunesunil/next-js

To Reproduce

Start the appliction for creating build(npm run build), then the build fails with the following error -

sunil@Sunils-MBP-M2 my-app % npm run build

[email protected] build
next build

▲ Next.js 14.2.0

Creating an optimized production build ...
✓ Compiled successfully
✓ Linting and checking validity of types
✓ Collecting page data
Generating static pages (0/5) [ ]Error: Element type is invalid: expected a string (for built-in components) or a class/function (for composite components) but got: object.
at nM (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:61599)
at nM (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:61546)
at nN (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:64546)
at nB (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:67538)
at nM (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:58560)
at nN (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:64546)
at nB (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:67538)
at nD (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:66680)
at nN (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:64853)
at nB (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:67538) {
digest: '4272938947'
}

Error occurred prerendering page "/". Read more: https://nextjs.org/docs/messages/prerender-error

Error: Element type is invalid: expected a string (for built-in components) or a class/function (for composite components) but got: object.
at nM (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:61599)
at nM (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:61546)
at nN (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:64546)
at nB (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:67538)
at nM (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:58560)
at nN (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:64546)
at nB (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:67538)
at nD (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:66680)
at nN (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:64853)
at nB (/Users/sunil/Desktop/my-app/node_modules/next/dist/compiled/next-server/app-page.runtime.prod.js:12:67538)
✓ Generating static pages (5/5)

Export encountered errors on following paths:
/page: /
sunil@Sunils-MBP-M2 my-app %

Current vs. Expected behavior

The build is expected to create a static pages.

Provide environment information

Operating System:
  Platform: darwin
  Arch: arm64
  Version: Darwin Kernel Version 23.4.0: Fri Mar 15 00:12:49 PDT 2024; root:xnu-10063.101.17~1/RELEASE_ARM64_T6020
  Available memory (MB): 32768
  Available CPU cores: 10
Binaries:
  Node: 20.12.2
  npm: 10.5.2
  Yarn: N/A
  pnpm: N/A
Relevant Packages:
  next: 14.2.0 // Latest available version is detected (14.2.0).
  eslint-config-next: N/A
  react: 18.2.0
  react-dom: 18.2.0
  typescript: 5.4.5
Next.js Config:
  output: N/A

Which area(s) are affected? (Select all that apply)

Not sure, App Router

Which stage(s) are affected? (Select all that apply)

next build (local), Vercel (Deployed)

Additional context

If I use h1 Tag instead of MUI Typography in page build is success.

_NEXT-3101