-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 r3PlNlF8Was+w70f524h9g==

<SEC-DOCUMENT>0000913293-03-000090.txt : 20031217
<SEC-HEADER>0000913293-03-000090.hdr.sgml : 20031217
<ACCEPTANCE-DATETIME>20031217153525
ACCESSION NUMBER:		0000913293-03-000090
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031215
FILED AS OF DATE:		20031217

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SHELTON RON
		CENTRAL INDEX KEY:			0001229575

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22594
		FILM NUMBER:		031060033

	BUSINESS ADDRESS:	
		STREET 1:		ALLIANCE SEMICONDUCTOR CORP.
		STREET 2:		2575 AUGUSTINE DRIVE
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALLIANCE SEMICONDUCTOR CORP /DE/
		CENTRAL INDEX KEY:			0000913293
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				770057842
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		2575 AUGUSTINE DRIVE
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054-2914
		BUSINESS PHONE:		4088554900

	MAIL ADDRESS:	
		STREET 1:		2575 AUGUSTINE DRIVE
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054-2914
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rks4121503_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-12-15</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000913293</issuerCik>
        <issuerName>ALLIANCE SEMICONDUCTOR CORP /DE/</issuerName>
        <issuerTradingSymbol>ALSC</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001229575</rptOwnerCik>
            <rptOwnerName>SHELTON RON</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ALLIANCE SEMICONDUCTOR CORP.</rptOwnerStreet1>
            <rptOwnerStreet2>2575 AUGUSTINE DRIVE</rptOwnerStreet2>
            <rptOwnerCity>SANTA CLARA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95054</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>1</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
         <officerTitle>Vice President and CFO</officerTitle>
      </reportingOwnerRelationship>
   </reportingOwner>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Employee Stock Option</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>6.85</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-12-15</value>
      </transactionDate>
      <deemedExecutionDate>
         <value>2003-12-17</value>
      </deemedExecutionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>25000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>6.85</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2004-12-15</value>
            <footnoteId id="F1"/>
      </exerciseDate>
      <expirationDate>
         <value>2013-12-15</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>25000</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>25000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
   <derivativeTransaction>
      <securityTitle>
         <value>Employee Stock Option</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>6.85</value>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2003-12-15</value>
      </transactionDate>
      <deemedExecutionDate>
         <value>2003-12-17</value>
      </deemedExecutionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>30000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>6.85</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
         <value>2004-12-15</value>
            <footnoteId id="F2"/>
      </exerciseDate>
      <expirationDate>
         <value>2013-12-15</value>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>30000</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>30000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> This option is exercisable at the rate of 1/5 of the shares underlying the option on the twelve month anniversary of the grant, with 5% of the total number of shares underlying the option becoming exercisable each quarter thereafter so long as the recipient remains an employee or consultant.</footnote>

      <footnote id="F2"> This option is exercisable at the rate of 2/5 of the shares underlying the option on the 24 month anniversary of the grant, with 5% of the total number of shares underlying the option becoming exercisable each quarter thereafter so long as the recipient remains an employee or consultant.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Ronald K. Shelton</signatureName>
      <signatureDate>2003-12-17</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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