<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
(Replace this text with the legend)
</LEGEND>
<CIK> 0000895419
<NAME> CREE, INC.
<MULTIPLIER> 1,000
<CURRENCY> US DOLLARS
<S> <C> <C> <C>
<PERIOD-TYPE> 12-MOS 12-MOS 12-MOS
<FISCAL-YEAR-END> JUN-25-2000 JUN-27-1999 JUN-28-1998
<PERIOD-START> JUN-28-1999 JUN-29-1998 JUL-01-1997
<PERIOD-END> JUN-25-2000 JUN-27-1999 JUN-28-1998
<EXCHANGE-RATE> 1 1 1
<CASH> 103,843 42,545 18,351
<SECURITIES> 158,303 6,145 657
<RECEIVABLES> 16,549 16,383 10,941
<ALLOWANCES> 250 175 151
<INVENTORY> 9,320 3,986 2,543
<CURRENT-ASSETS> 289,019 70,171 35,695
<PP&E> 159,751 84,800 47,524
<DEPRECIATION> 22,633 13,670 10,452
<TOTAL-ASSETS> 486,202 145,933 74,380
<CURRENT-LIABILITIES> 23,062 10,282 7,429
<BONDS> 0 0 0
0 0 0
0 0 0
<COMMON> 414,049 112,378 50,718
<OTHER-SE> 49,091 18,623 5,188
<TOTAL-LIABILITY-AND-EQUITY> 486,202 145,933 74,380
<SALES> 108,562 62,401 43,962
<TOTAL-REVENUES> 108,562 62,401 43,962
<CGS> 52,362 34,163 29,223
<TOTAL-COSTS> 70,507 45,078 35,380
<OTHER-EXPENSES> 1,305 1,180 502
<LOSS-PROVISION> 0 0 0
<INTEREST-EXPENSE> (9,400) (1,058) (754)
<INCOME-PRETAX> 46,806 17,340 8,834
<INCOME-TAX> 16,286 4,892 2,591
<INCOME-CONTINUING> 30,520 12,448 6,243
<DISCONTINUED> 0 0 0
<EXTRAORDINARY> 0 0 0
<CHANGES> 0 0 0
<NET-INCOME> 30,520 12,448 6,243
<EPS-BASIC> 0.93 0.43 0.23
<EPS-DILUTED> 0.87 0.41 0.22
</TABLE>