TriQuint Semiconductor, Inc. Announces Third Quarter Earnings Growth

       SUPPLEMENTAL RECONCILIATION OF GAAP TO NON-GAAP RESULTS
                             (Unaudited)
               (In thousands, except per share amounts)

                                 Three Months Ended Nine Months Ended
                                 September 30, 2006 September 30, 2006
                                 ------------------ ------------------

GAAP GROSS PROFIT                $   32,835   31.8% $   90,341   31.4%
 Adjustment for equity
  compensation charges                  702    0.7%      2,279    0.8%
                                 ------------------ ------------------
GROSS PROFIT EXCLUDING EQUITY
 COMPENSATION                    $   33,537   32.5% $   92,620   32.2%

GAAP OPERATING INCOME            $    7,212    7.0% $   12,348    4.3%
 Adjustment for equity
  compensation charges within:
  Cost of sales                         702    0.7%      2,279    0.7%
  Research, development and
   engineering                          414    0.4%      1,288    0.4%
  Selling, general and
   administrative                     1,089    1.1%      3,503    1.2%
                                 ------------------ ------------------
OPERATING INCOME EXCLUDING
 EQUITY COMPENSATION             $    9,417    9.1% $   19,418    6.8%

GAAP NET INCOME                  $    8,081    7.8% $   15,975    5.6%
 Adjustment for equity
  compensation charges within:
  Cost of sales                         702    0.7%      2,279    0.7%
  Research, development and
   engineering                          414    0.4%      1,288    0.4%
  Selling, general and
   administrative                     1,089    1.1%      3,503    1.2%
                                 ------------------ ------------------
NET INCOME EXCLUDING EQUITY
 COMPENSATION                    $   10,286   10.0% $   23,045    8.0%

GAAP DILUTED EARNINGS PER SHARE  $     0.06         $     0.11
 Adjustment for equity
  compensation charges                 0.01               0.05
                                 -----------        -----------
DILUTED EARNINGS PER SHARE
 EXCLUDING EQUITY COMPENSATION   $     0.07         $     0.16

GAAP COMMON SHARES ASSUMING
 DILUTION                           140,118            141,476
 Adjustment for equity
  compensation charges                1,206              1,306
                                 -----------        -----------
COMMON SHARES ASSUMING DILUTION
 EXCLUDING EQUITY COMPENSATION      141,324            142,782


Contact:

TriQuint Semiconductor, Inc.
Stephanie Welty
VP of Finance & Administration, CFO
Tel: (503) 615-9224
Fax: (503) 615-8904
Email Contact
or
Fi. Comm
Heidi A. Flannery
Investor Relations Counsel
Tel: (541) 322-0230
Fax: (541) 322-0231
Email Contact



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