CYPRESS SEMICONDUCTOR CORP /DE/
10-Q/A, 1995-01-19
SEMICONDUCTORS & RELATED DEVICES
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<PAGE>1

              Securities and Exchange Commission
                    Washington D.C.  20549



                         Form 10-Q/A

               Amendment to Application or Report


              Quarterly Report pursuant to Section
             13 or 15(d) of the Securities Exchange
                         Act of 1934


                Cypress Semiconductor Corporation 
      (Exact name of Registrant as specified in its charter)

                        Amendment No. 1

     The undersigned registrant hereby amends the following
items, financial statements, exhibits, or other portions of its
Report on Form 10-Q dated November 16, 1994 as set forth in the
pages attached hereto.


     Item 6(a).   Part I Exhibit:
                  --------------------

                  Exhibit No. 27    Financial Data Schedule




























<PAGE>2

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, thereunto duly authorized.


                            CYPRESS SEMICONDUCTOR CORPORATION


Date:  January 19, 1995            /s/  T.J. Rodgers
- - ----------------------------       ----------------------------
                                   T.J. Rodgers
                                   President and Chief Executive
                                   Officer


                                   /s/  Emmanuel Hernandez
                                   ----------------------------
                                   Emmanuel Hernandez
                                   Vice President, Finance and
                                   Administration and Chief
                                   Financial Officer



























WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED
OCTOBER 3, 1994.
</LEGEND>
       
<MULTIPLIER> 1,000
<S>                                       <C>
<PERIOD-TYPE>                             QTR-3
<FISCAL-YEAR-END>                               JAN-02-1995
<PERIOD-END>                                    OCT-03-1994  
<CASH>                                                5,325
<SECURITIES>                                        192,060
<RECEIVABLES>                                        63,237
<ALLOWANCES>                                          1,539
<INVENTORY>                                          31,180
<CURRENT-ASSETS>                                    315,978
<PP&E>                                              361,441
<DEPRECIATION>                                      180,941
<TOTAL-ASSETS>                                      516,019
<CURRENT-LIABILITIES>                                87,132
<BONDS>                                              93,114
<COMMON>                                                432
                                     0
                                               0
<OTHER-SE>                                          326,633
<TOTAL-LIABILITY-AND-EQUITY>                        516,019
<SALES>                                             295,187
<TOTAL-REVENUES>                                    295,187
<CGS>                                               163,655
<TOTAL-COSTS>                                       163,655
<OTHER-EXPENSES>                                     39,596
<LOSS-PROVISION>                                          0
<INTEREST-EXPENSE>                                    2,623
<INCOME-PRETAX>                                      55,091
<INCOME-TAX>                                         20,384
<INCOME-CONTINUING>                                  34,707
<DISCONTINUED>                                            0
<EXTRAORDINARY>                                           0
<CHANGES>                                                 0
<NET-INCOME>                                         34,707
<EPS-PRIMARY>                                          0.85
<EPS-DILUTED>                                          0.84

        

</TABLE>


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