<ARTICLE> 5 <RESTATED> <CIK> 0000872448 <NAME> ATMEL CORPORATION <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 110,012 <SECURITIES> 46,241 <RECEIVABLES> 223,506 <ALLOWANCES> 30,424 <INVENTORY> 84,519 <CURRENT-ASSETS> 498,190 <PP&E> 1,179,656 <DEPRECIATION> 242,140 <TOTAL-ASSETS> 1,571,419 <CURRENT-LIABILITIES> 372,107 <BONDS> 318,607 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 368,702 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 1,571,419 <SALES> 252,946 <TOTAL-REVENUES> 252,946 <CGS> 136,377 <TOTAL-COSTS> 191,491 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 2,323 <INTEREST-EXPENSE> 6,303 <INCOME-PRETAX> 59,597 <INCOME-TAX> 20,859 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 38,738 <EPS-PRIMARY> 0.39 <EPS-DILUTED> 0.38