Dynamic reference current sensing using multiple reference cells

A circuit includes a memory cell that generates a cell current having a cell current value, a first reference cell that generates a first current having a first current value, and a second reference cell that generates a second current having a second current value. A current generating circuit generates a reference current having a reference current value based on the first current value and the second current value, and a sense amplifier sums, at a comparison node, a third current having the cell current value and a fourth current having the reference current value. A buffer outputs a voltage on the comparison node as an output of the sense amplifier.