According to an embodiment of the invention, a method and apparatus for dynamic reference voltage adjustment are described. According to one embodiment, a reference circuit comprises a reference node to provide a reference voltage; a first transistor device to receive a first configuration signal at a gate terminal, a current to flow through the first transistor device when the first configuration signal is a first value; and a second transistor device to receive a first voltage potential at a gate terminal, the current to flow through the second transistor device and the reference voltage to be increased by the first voltage potential when the configuration signal is a second value.