The present disclosure describes apparatuses and techniques for managing aggregate IC current demand. In some aspects, respective indications of first and second amounts of current consumed by IC components are received from the IC. The first and second amounts of current are combined to determine an aggregate current demand for the components of the IC. This aggregate current demand is then compared to a threshold for an amount of current that can be provided to the components of IC. Responsive to the aggregate current demand exceeding the threshold, an operational characteristic of one of the components is modified to reduce the aggregate current demand of the components of the IC. This can be effective to prevent the IC from drawing more current than can by supplied to the IC.