Consolidated Balance Sheet

(in thousands except per share amounts)

		March 31,
	1996	1995


Assets
Current assets:
Cash and cash equivalents	$110,893	$56,703
Short-term investments	267,068	66,181
Accounts receivable, net of allowance for doubtful accounts and
customer returns of $5,199 and $4,863 in 1996 and 1995, respectively	79,528	43,901
Inventories	39,238	25,586
Advances for wafer purchases	9,034	42,000
Deferred income taxes and other current assets	32,945	21,795

Total current assets	538,706	256,166

Property, plant and equipment at cost:
Land	2,426	2,195
Building	18,029	----
Machinery and equipment	95,463	62,070
Furniture and fixtures	7,457	4,514
Construction in progress	4,908	1,797

	128,283	70,576
Accumulated depreciation and amortization	(45645)	(31,336)

Net property, plant and equipment	82,638	39,240
Investment in joint venture	34,316	----
Restricted investments	36,212	12,625
Other assets	29,008	12,909

	$720,880	$320,940

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$30,673	$22,484
Accrued payroll and payroll related liabilities	9,526	9,438
Income taxes payable	5,175	10,959
Other accrued liabilities	18,708	10,085
Deferred income on shipments to distributors	37,568	21,812
Current obligations under capital leases	986	1,324

Total current liabilities	102,636	76,102

Long-term debt	250,000	867
Commitments and contingencies
Stockholders' equity:
Preferred Stock, $.01 par value; 2,000 shares authorized;
none issued and outstanding	---	---
Common Stock, $.01 par value; 200,000 shares authorized; 71,933 and
71,658 shares issued; 71,933 and 70,227 shares outstanding at
March 31, 1996 and 1995, respectively	719	717
Additional paid-in capital	99,588	85,755
Retained earnings	267,505	166,051
Unrealized gain/(loss) on available-for-sale securities, net of tax	432	(329)
Treasury stock, at cost	---	(8223)

Total stockholders' equity	368,244	243,971

	$720,880	$320,940

See accompanying notes.