Embodiments of an apparatus, system and method are described for dynamically time-interleaving supply voltage modulation to shape a power profile. An apparatus may comprise, for example, a power management module to monitor power information received from a plurality of devices and send a power control signal including delay information to each device having power information that exceeds a power threshold, the delay information comprising information for time-interleaving power usage among the devices having power information that exceeds the power threshold. Other embodiments are described and claimed.