Abstract: An internal voltage referenced output driver is disclosed which is capable of generating any intermediate output level between a first and second voltage supply. The driver includes a dynamic stage which asserts, responsive to a first input voltage being asserted on a driver input terminal, a first output voltage on a driver output terminal, a disabling signal on an enabling terminal, and a stabilizing signal on the stabilizer terminal. Responsive to a second input voltage being asserted on the driver input terminal, the dynamic stage ceases to assert the first output voltage on the driver output terminal, asserts a release signal on the stabilizer terminal, and asserts an enabling signal on the enabling terminal. The driver further includes a static stage which, responsive to the enabling signal and the release signal, asserts a second output voltage on the driver output terminal.