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What are the benefits of a decentralized power architecture?

Decentralized power
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Factorized power is shorthand for a Factorized Power Architecture (FPA) used when high-current board-mounted power is needed.  Today’s higher power requirements and lower (<<1V) PoL operating voltages are straining IBA performance. The increased power and dynamic load requirements for CPUs, GPUs, AI processor applications demand that voltage regulators be located closer to the load input power pins. 
An FPA can deliver higher density and efficiency better than conventional approaches.