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

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

                                            
<PERIOD-TYPE>                                  6-MOS
<FISCAL-YEAR-END>                              MAR-31-2001
<PERIOD-START>                                 APR-2-1999
<PERIOD-END>                                   SEP-30-2000
<EXCHANGE-RATE>                                1
<CASH>                                         17,494
<SECURITIES>                                   584,299
<RECEIVABLES>                                  34,980
<ALLOWANCES>                                   1,272
<INVENTORY>                                    77,752
<CURRENT-ASSETS>                               720,551
<PP&E>                                         29,166
<DEPRECIATION>                                 18,501
<TOTAL-ASSETS>                                 1,299,782
<CURRENT-LIABILITIES>                          274,446
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       426
<OTHER-SE>                                     830,621
<TOTAL-LIABILITY-AND-EQUITY>                   1,299,782
<SALES>                                        64,466
<TOTAL-REVENUES>                               64,466
<CGS>                                          39,943
<TOTAL-COSTS>                                  39,943
<OTHER-EXPENSES>                               8,727
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             99
<INCOME-PRETAX>                                29,614
<INCOME-TAX>                                   12,053
<INCOME-CONTINUING>                            17,561
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      (1,093)
<NET-INCOME>                                   16,468
<EPS-BASIC>                                    0.40
<EPS-DILUTED>                                  0.39