The step-down buck converter uses the LM2596, it has an output rating of 3 A. The electromechanical specification of the PCIe bus states that the maximum burst current at 3.3 V should be 2700 mA and max nominal current around 2000 mA. The intention was to have one step down converter per riser for modularity and the step-down converter is less than a dollar per unit.