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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of Earliest Event Reported): February 23, 2005

                        PERICOM SEMICONDUCTOR CORPORATION
             (Exact Name of Registrant as Specified in its Charter)

                                   California
                 (State or Other Jurisdiction of Incorporation)

                 0-27026                               77-0254621
        (Commission File Number)          (I.R.S. Employer Identification No.)

     3345 North First Street, San Jose, California          95134
        (Address of Principal Executive Offices)          (Zip Code)

                                 (408) 435-0800
              (Registrant's Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities
     Act (17CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange
     Act (17CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17CFR 240.13e-4(c))

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ITEM 2.05   COSTS ASSOCIATED WITH EXIT OR DISPOSAL ACTIVITIES.

        On February 23, 2005, Pericom Semiconductor Corporation issued a press
release announcing restructuring activity undertaken on that day. A copy of the
press release is attached as Exhibit 99.1 and is incorporated into this item by
reference.

ITEM 9.01   FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

(c)    EXHIBITS.

The exhibit listed below is being furnished with this Form 8-K.

Exhibit
Number     Description
- -------    ---------------------------------------------------------
99.1       Press Release issued by Pericom Semiconductor Corporation
           dated February 23, 2005.



                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                       PERICOM SEMICONDUCTOR CORPORATION

                                       By:  /s/ Michael D. Craighead
                                            ------------------------------------
                                            Michael D. Craighead
                                            Chief Financial Officer

Date:  February 23, 2005