The demand index for resistors overall climbed 10.2% month-on-month in August, on potential constraints of MLCCs due to surging AI server demand. The Commodity IQ Inventory Index for resistors dropped by 22.7% sequentially through the first eight months of 2023 and some YAGEO resistors, including VT-series devices, are somewhat constrained with volume lead times stretching into H1 2024. It is advisable to consider non-automotive resistors for sourcing challenges, particularly as many manufacturers have shifted capacity to automotive applications and despite stable/flexible pricing and commitment concessions from suppliers.