<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM NEOMAGIC CORPORATION'S CONSOLIDATED CONDENSED FINANCIAL STATEMENTS FOR THE THREE MONTH PERIOD ENDING MAY 2, 1999. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JAN-30-2000 <PERIOD-START> FEB-01-1999 <PERIOD-END> MAY-02-1999 <CASH> 35,100 <SECURITIES> 42,298 <RECEIVABLES> 25,144 <ALLOWANCES> 0 <INVENTORY> 19,512 <CURRENT-ASSETS> 3,058 <PP&E> 19,508 <DEPRECIATION> 7,662 <TOTAL-ASSETS> 145,375 <CURRENT-LIABILITIES> 38,156 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 25 <OTHER-SE> 107,194 <TOTAL-LIABILITY-AND-EQUITY> 145,375 <SALES> 72,397 <TOTAL-REVENUES> 72,397 <CGS> 45,609 <TOTAL-COSTS> 45,609 <OTHER-EXPENSES> 20,367<F1> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 252 <INCOME-PRETAX> 6,953 <INCOME-TAX> 3,692<F2> <INCOME-CONTINUING> 3,261 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,261 <EPS-BASIC> .13 <EPS-DILUTED> .13 <FN> <F1>INCLUDES ONE-TIME CHARGE OF $5.3 MILLION FOR IN-PROCESS RESEARCH AND DEVELOPMENT <F2>BASED ON PRE-TAX INCOME EXCLUDING ONE-TIME CHARGES </FN>