Global electronics design activity rose to a two-year high in May, an expected rise in demand during the second half of 2023, according to the Supplyframe Commodity IQ Design Index. Design actions rose by 14% from April and 10% year-over-year in May. As a result, the Commodity IQ Design Index increased to one and half times the baseline in May, the highest reading since 2020. The return to positive month-on-month growth in May reverses five consecutive months of declining design intent.