<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SEMTECH'S SECOND QUARTER 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 6-MOS <FISCAL-YEAR-END> JAN-28-1996 JAN-28-1996 <PERIOD-START> MAY-01-1995 JAN-30-1995 <PERIOD-END> JUL-30-1995 JUL-30-1995 <CASH> 4,018 4,018 <SECURITIES> 411 411 <RECEIVABLES> 6,336 6,336 <ALLOWANCES> 0 0 <INVENTORY> 7,005 7,005 <CURRENT-ASSETS> 18,246 18,246 <PP&E> 4,348 4,348 <DEPRECIATION> 0 0 <TOTAL-ASSETS> 23,201 23,201 <CURRENT-LIABILITIES> 4,739 4,739 <BONDS> 0 0 <COMMON> 65 65 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <OTHER-SE> 17,850 17,850 <TOTAL-LIABILITY-AND-EQUITY> 23,201 23,201 <SALES> 10,601 19,916 <TOTAL-REVENUES> 10,601 19,916 <CGS> 6,125 11,874 <TOTAL-COSTS> 6,125 11,874 <OTHER-EXPENSES> 2,305 4,294 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0 0 <INCOME-PRETAX> 2,171 3,748 <INCOME-TAX> 624 1,113 <INCOME-CONTINUING> 1,547 2,635 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 1,547 2,635 <EPS-PRIMARY> 0.29 0.49 <EPS-DILUTED> 0.28 0.47