Consolidated Balance Sheets

				*March 31,*
*In thousands except per share amounts*				1997	1996

ASSETS

*Current assets:*
	Cash and cash equivalents			$215,903	$110,893
	Short-term investments			209,944	267,068
	Accounts receivable, net of allowance for doubtful accounts and customer returns of $5,734 and $5,199 in 1997 and 1996, respectively			72,248	79,528
	Inventories			62,367	39,238
	Deferred income taxes			36,420	28,146
	Advances for wafer purchases			--	9,034
Other current assets				4,799	4,673
		Total current assets		601,555	538,706
Property, plant and equipment at cost:
	Land			3,111	2,426
	Building			26,840	18,029
	Machinery and equipment			114,525	95,463
	Furniture and fixtures			9,967	7,457
	Construction in progress			--	4,908
				154,443	128,283
	Accumulated depreciation and amortization			(67,863)	(45,645)
Net property, plant and equipment				86,580	82,638
Restricted investments				36,257	36,212
Investment in joint venture				35,286	34,316
Advances for wafer purchases				60,000	--
Other assets				28,015	29,008
				$847,693	$720,880

LIABILITIES AND STOCKHOLDERS' EQUITY

*Current liabilities:*
	Accounts payable			$ 16,758	$ 30,673
	Accrued payroll and payroll related liabilities			13,769	9,526
	Interest payable			5,364	5,012
	Income tax payable			10,858	5,175
	Deferred income on shipments to distributors			36,355	37,568
	Other accrued liabilities			14,149	14,682
		Total current liabilities		97,253	102,636
Long-term debt				250,000	250,000
Deferred tax liabilities				9,760	--
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; 73,383 and 71,933 shares issued;
		73,342 and 71,933 shares outstanding at March 31, 1997 and 1996, respectively		733	719
	Additional paid-in capital			114,447	99,588
	Retained earnings			377,881	267,505
	Unrealized gain on available-for-sale securities, net of tax			83	432
	Treasury Stock, at cost			(1,847)	--
Cumulative translation adjustment				(617)	--
			Total stockholders' equity	490,680	368,244
				$847,693	$720,880

See accompanying notes.