CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS We consent to the incorporation by reference in the Registration Statement (Post-Effective Amendment No. 4 to Form S-3 File No. 33-86930) and related Prospectus of PMC-Sierra, Inc. for the registration of 2,323,281 shares of its common stock of our report dated January 22, 1997, with respect to the consolidated financial statements and schedule of PMC-Sierra, Inc. (formerly Sierra Semiconductor Corporation) included in its Annual Report (Form 10-K) for the year ended December 31, 1996, filed with the Securities and Exchange Commission. /s/ ERNST & YOUNG LLP San Jose, California August 25, 1997