A power semiconductor device has an upper transistor and a lower transistor that is coupled in cascode with the upper transistor. The upper transistor comprises an upper drain, upper gate, and an upper source. The lower transistor comprises a lower drain that is coupled to the upper source, a lower gate, and a lower source that is coupled to the upper gate. The upper transistor is a depletion mode device and has a first saturation current. The lower transistor is an enhancement mode device and has a second saturation current, which is lower than the first saturation current.