A fully on-chip current controlled open-drain output driver using a bandgap reference current generator was designed for high bandwidth DRAMs. It reduces the overhead of receiving a digital code from an external source for the compensation of the temperature and supply voltage variations. The correct value of the current control register is updated at the end of every auto refresh cycle. The operation at the data rate up to 0.8 Gb/s was verified by SPICE simulation using a 0.22 µm triple-well CMOS technology.