[TRIQUINT SEMICONDUCTOR LETTERHEAD]

FOR MORE INFORMATION CONTACT:

JOSEPH I. MARTIN                                 HEIDI A. FLANNERY
CHIEF FINANCIAL OFFICER                          INVESTOR RELATIONS COUNSEL
TRIQUINT SEMICONDUCTOR, INC.                     FI. COMM
(503) 644-3535, EXT. 1380                        (503) 221-7403


FOR IMMEDIATE RELEASE--BUSINESS AND FINANCIAL EDITORS


                        TRIQUINT SEMICONDUCTOR, INC. ANNOUNCES
                        FINANCING OF ITS NEW SEMICONDUCTOR FAB

BEAVERTON, OREGON -- May 23, 1996 -- TriQuint Semiconductor, Inc. (NASDAQ: TQNT)
today announced that it had obtained financing for the construction of its new
187,000 square foot semiconductor manufacturing and office complex in Hillsboro,
Oregon.  This transaction will be in the form of a $45 million, five year
operating lease through Wolverine Leasing Corporation with financing provided by
US Bank.

"We are very excited about being able to put in place this financing arrangement
for our new fab and office building", said Joe Martin, the Company's Chief
Financial Officer.  "Our follow-on stock offering in September 1995 allowed the
Company to obtain excellent financing terms, which we believe will contribute to
improved earnings.  We were also very happy to be able to secure this financing
from U.S. Bank who has been TriQuint's primary banking institution since the
Company's inception", concluded Mr. Martin.

TriQuint Semiconductor, Inc., is a leading manufacturer of radio frequency (RF),
analog and mixed signal gallium arsenide (GaAs) integrated circuits.  The
Company produces standard and customer specific ICs for high performance
wireless, telecommunications, and computer systems, and also offers GaAs
manufacturing services.  TriQuint is certified to the ISO9001 International
Quality Standard.  TriQuint (TQNT) has been listed on the Nasdaq stock exchange
since December, 1993.  The Company's headquarters are located at 3625A S.W.
Murray Blvd., Beaverton, Oregon  97005.