Insight: Automotive Semiconductor Inventory Ended 2024 at Highest Levels of the Year
TechInsights analyzes automotive semiconductor supplier inventories, highlighting a rise since 2022, reaching peak levels by Q4 2024, and the impact on inventory-to-billings ratios.
TechInsights analyzed inventory at 11 automotive semiconductor suppliers and modeled inventory by eight automotive semiconductor device types. Suppliers include NXP, Infineon, onsemi, Rohm, Renesas, STMicroelectronics, Texas Instruments, Analog Devices, Microchip, Micron, and Qualcomm. Inventories at automotive semiconductor suppliers have been climbing since 2022 and reached their highest levels at the end of 2024. The inventory-to-billings ratio had dipped during the post-pandemic years 2020 to 2022 to less than 0.7, but it climbed to the 0.8 range in 2023 and topped 0.98 by the end of 2024. This written report accompanies the data update.
