EXHIBIT 23.1

               CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS


                  We consent to the incorporation by reference in the
Registration Statement (Form S-8) pertaining to the 1998 Long-Term Incentive
Plan, as amended, the Employee Stock Purchase Plan, as amended, and the
Directors' Stock Option Plan, as amended, of MIPS Technologies, Inc. of our
report dated July 15, 2000, with respect to the consolidated financial
statements of MIPS Technologies, Inc. included in its Annual Report (Form 10-K)
for the year ended June 30, 2000, filed with the Securities and Exchange
Commission.


                                                /s/  Ernst & Young LLP
                                                --------------------------------


San Jose, California
July 26, 2001