Nearly 60% of at-volume inductor lead times were quoted below 12 weeks in Q3, the first instance since Q4 2019. With inventories 25% higher in H1 year-on-year, inductors are readily available, and yet pricing adjustments generally lag lead time improvements. Prices have stabilized as component manufacturers seek to deplete inventories at original cost levels to offset margin compression. Multi-layer chip inductor (MLCI) pricing is expected to remain flat into 2024