<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SEMTECH'S THIRD QUARTER 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 9-MOS <FISCAL-YEAR-END> JAN-28-1996 JAN-28-1996 <PERIOD-START> JUL-30-1995 JAN-30-1995 <PERIOD-END> OCT-29-1995 OCT-29-1995 <CASH> 4,256 4,256 <SECURITIES> 420 420 <RECEIVABLES> 8,304 8,304 <ALLOWANCES> 0 0 <INVENTORY> 8,881 8,881 <CURRENT-ASSETS> 22,458 22,458 <PP&E> 5,146 5,146 <DEPRECIATION> 0 0 <TOTAL-ASSETS> 28,830 28,830 <CURRENT-LIABILITIES> 7,708 7,708 <BONDS> 0 0 <COMMON> 127 127 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <OTHER-SE> 19,852 19,852 <TOTAL-LIABILITY-AND-EQUITY> 28,830 28,830 <SALES> 16,577 44,031 <TOTAL-REVENUES> 16,577 44,031 <CGS> 9,522 25,990 <TOTAL-COSTS> 9,522 25,990 <OTHER-EXPENSES> 4,165 10,606 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 0 0 <INCOME-PRETAX> 2,890 7,435 <INCOME-TAX> 985 2,451 <INCOME-CONTINUING> 1,905 4,984 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 1,905 4,984 <EPS-PRIMARY> 0.31 0.81 <EPS-DILUTED> 0.30 0.78