<ARTICLE>                     5
<LEGEND>
     Alliance Semiconductor Corporation Financial Data Schedule

<CIK>                         0000913293
<NAME>                        Alliance Semiconductor
<MULTIPLIER>                                   1000
<CURRENCY>                                     US Dollars

                                            
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              MAR-31-2001
<PERIOD-START>                                 APR-2-1999
<PERIOD-END>                                   JUL-1-2000
<EXCHANGE-RATE>                                1
<CASH>                                         42,066
<SECURITIES>                                   749,986
<RECEIVABLES>                                  27,586
<ALLOWANCES>                                   926
<INVENTORY>                                    50,520
<CURRENT-ASSETS>                               872,866
<PP&E>                                         27,929
<DEPRECIATION>                                 17,465
<TOTAL-ASSETS>                                 1,429,476
<CURRENT-LIABILITIES>                          323,270
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       425
<OTHER-SE>                                     911,262
<TOTAL-LIABILITY-AND-EQUITY>                   1,429,476
<SALES>                                        47,404
<TOTAL-REVENUES>                               47,404
<CGS>                                          29,883
<TOTAL-COSTS>                                  29,883
<OTHER-EXPENSES>                               8,105
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             27
<INCOME-PRETAX>                                57,273
<INCOME-TAX>                                   23,310
<INCOME-CONTINUING>                            33,963
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      (698)
<NET-INCOME>                                   33,265
<EPS-BASIC>                                    0.80
<EPS-DILUTED>                                  0.78