The Commodity IQ Lead Time Index for analog signal ICs fell by 19.2% and by power ICs by 13.1% through H1 compared to H2 2022. Despite sourcing actions being down sequentially through the first eight months of the year (analog signal and power demand were off by 24% and 19%, respectively) and inventories for signal and power ICs still well above one and half times the index baseline, automotive OEMs and their subsystem vendors remain troubled by potential high-end analog shortages in H2 2024. Procurement and supply chain professionals are advised to monitor capacity utilization rates, lead times, and inventories.