Hello,
Could you explain why Vout goes down and up, when Iout is up and down?
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Hi GARAM,
Buck circuit has the inductor that resists change in the current. If you applied a certain load to the device inductor maintain the current constant and that's the reason to drop in the voltage.
Buck operation is explained in this app note: http://www.ti.com/lit/an/slva057/slva057.pdf
Best regards,
Tanvee