In a p-n junction diode, the relationship between the applied forward voltage and the current flowing through the diode is given by the diode equation:
\[
I = I_0 \left( e^{\frac{qV}{kT}} - 1 \right)
\]
Where:
- \( I \) is the current,
- \( I_0 \) is the saturation current,
- \( V \) is the forward bias voltage,
- \( q \) is the charge of an electron,
- \( k \) is the Boltzmann constant,
- \( T \) is the temperature.
As the forward bias voltage \( V \) increases, the exponential term \( e^{\frac{qV}{kT}} \) dominates, causing the current to increase exponentially.
Thus, as the forward bias voltage is increased, the current flowing through the diode increases exponentially.