The LM2720 provides an attractive solution for power supplies of high power microprocessors exhibiting ultra fast load transients. Compared to a conventional single-phase supply, an LM2720 based multi-phase supply distributes the thermal and electrical loading among components in multiple phases and greatly reduces the corresponding stress in each component. The LM2720 can be programmed to control either a 3-phase converter or a 4-phase converter. Phase shift among the phases is 120 in the case of three phase and 90 with four-phase. Because the power channels are out of phase, there can be significant ripple cancellation for both the input and output current, resulting in reduced input and output capacitor size. Due to the nominal operating frequency of 2 MHz per phase, the size of the output inductors can be greatly reduced which results in a much faster load transient response and a dramatically shrunk output capacitor bank. Microprocessor power supplies with all surface mount components can be easily built. The internal high speed transconductance amplifier guarantees good dynamic performance. The internal master clock frequency of up to 8 MHz is set by an external reference resistor. An external clock of 10 MHz can also be used to drive the chip to achieve frequency control and multi-chip operation.