This paper presents a two-channel 12-bit current-steering digital-to-analog converter (DAC) for I and Q signal paths in a wireless transmitter. The proposed DAC has a full-scale output current with an adjusting range of 2 to 10 mA. A gain matching circuit is proposed to reduce gain mismatch between the I and Q channels. The tuning range is ±24% of full scale and the minimum resolution is 1/16 LSB. To further improve its dynamic performance, the switch driver and current cell are optimized to minimize glitch energy. The chip has been processed in a standard 0.13 μm CMOS technology. Gain mismatch between a I-channel DAC and a Q-channel DAC is measured to be approximately 0.13%. At 120-MSPS sample rate for 1 MHz sinusoidal signal, the spurious free dynamic range (SFDR) is 75 dB. The total power dissipation is 62 mW and has an active area of 1.08 mm2.