When investigating power delivery solutions and sequencing, it is important to consider the slew rates and step loads of your PDN. The voltage slew rate of a power supply is the rate of change of voltage over time (ΔV∕ΔT) when a VRM output is enabled and applied to the load. Voltage slew rates can determine how much voltage overshoot and undershoot is seen at the load and is caused mainly by race conditions in the control circuitry as it tries to reach the target voltage. It is important to compensate for this overshoot and undershoot in any power delivery design to avoid violating the AC/DC specifications of the target device.
Voltage slew rates can range from the microseconds (µS) to the milliseconds (mS) range in a typical design. See the respective data sheet for voltage timing specifications. Many VRMs incorporate a soft-start feature that allows delaying the ramp up of the output voltage using a capacitor of a value proportional to the delay. This can also be used to sequence or control the timing of the power delivery.
In the microsecond range, the on-die capacitance uses its charge to maintain the voltage as it is the first to respond to the transient event followed by the package and board capacitance. Due to the instantaneous nature of a transient event, the VRM control circuitry requires more time to respond to the changing current demands and the voltage droop is mitigated by the output capacitance on the VRM.