The ADP2114 is a versatile, synchronous step-down, switching regulator that satisfies a wide range of customer point-of-load requirements. The two PWM channels can be configured to deliver independent outputs at 2A and 2A (or 3A/1A) or can be configured as a single interleaved output capable of delivering 4A. The ADP2114 provides high efficiency and operates at switching frequencies of up to 2MHz. At light loads, the ADP2114 can be set to operate in pulse-skip mode for higher efficiency, or in forced PWM mode to reduce EMI. The ADP2114 also includes undervoltage lockout (UVLO) with hysteresis, soft start, and power good outputs, as well as protection features such as output short-circuit protection and thermal shutdown. The output voltages, current limits, switching frequency, pulse skip operation, and soft-start time are externally programmable with tiny resistors and capacitors.