An apparatus for performing instruction throttling for a multi-processor system is disclosed. The apparatus may include a power estimation circuit, a table, a comparator, and a finite state machine. The power estimation circuit may be configured to receive information on high power instructions issued to a first processor and a second processor, and generate a power estimate dependent upon the received information. The table may be configured to store one or more pre-determined power threshold values, and the comparator may be configured to compare the power estimate with at least one of the pre-determined power threshold values. The finite state machine may be configured to adjust the throttle level of the first and second processors dependent upon the result of the comparison.