<ARTICLE> 5 <CIK> 0000872448 <NAME> ATMEL CORPORATION <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 140,064 <SECURITIES> 88,879 <RECEIVABLES> 306,479 <ALLOWANCES> 24,058 <INVENTORY> 203,552 <CURRENT-ASSETS> 798,725 <PP&E> 1,476,758 <DEPRECIATION> 398,297 <TOTAL-ASSETS> 2,022,752 <CURRENT-LIABILITIES> 526,486 <BONDS> 629,283 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 303,696 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 2,022,752 <SALES> 260,392 <TOTAL-REVENUES> 260,392 <CGS> 164,192 <TOTAL-COSTS> 228,677 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 123 <INTEREST-EXPENSE> 10,880 <INCOME-PRETAX> 27,272 <INCOME-TAX> 9,545 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 17,727 <EPS-PRIMARY> 0.18 <EPS-DILUTED> 0.18