I. Introduction
With the rapid evolution of artificial intelligence (AI), GPU accelerators feature an outstanding thermal design power, and require efficient, compact, and ultra-fast dynamic response [1], [2], [3]. As the bus voltage of data center motherboards shifts from to [4], there is a pressing need for power supplies that can achieve higher voltage step-down ratios while maintaining ultra-fast dynamic response () at the load point. However, these new requirements present challenges for conventional Buck converters. A higher voltage step-down ratio results in increased switching stress and losses. In addition, to enhance dynamic response, the number of Buck phases must be increased, leading to larger volume and potential instability.