According to in-market feedback, the recent demand uptick for power management ICs (PMICs) has prevented key supplier Monolithic Power Systems from meeting customer demand. The Commodity IQ Demand Index for power ICs rose 6.8% sequentially in July. Regarding power management ICs, lead times remain at over one and half times the Commodity IQ Lead Time Index globally, while supply-side inventories sank by over 30% month-on-month in July. Lead times for general-purpose and automotive-grade PMICs are in the 20-plus week range.