SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 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)     November 20, 2003
                                                --------------------------------



                          CATALYST SEMICONDUCTOR, INC.
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           (Exact Name of the Registrant as Specified in Its Charter)


                                    Delaware
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                 (State or Other Jurisdiction of Incorporation)


          0-21488                                 77-0083129
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   (Commission File Number)           (I.R.S. Employer Identification No.)


   1250 Borregas Avenue, Sunnyvale, California             94089
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    (Address of Principal Executive Offices)             (Zip Code)


                                 (408) 542-1000
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              (Registrant's Telephone Number, Including Area Code)



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          (Former Name or Former Address, if Changed Since Last Report)





Item 7.  Financial Statements and Exhibits.

(c)      Exhibits


          Exhibit     Description
          -------     -----------

           99.1       Press Release of Catalyst Semiconductor, Inc. dated
                      November 20, 2003 announcing its financial results for
                      the fiscal quarter ended October 31, 2003.


Item 12. Results of Operations and Financial Condition.


On November 20, 2003, the Board of Directors of Catalyst Semiconductor, Inc.
(the "Company") issued a press release announcing its fiscal results for its
first fiscal quarter ended October 31, 2003. A copy of the press release is
furnished as Exhibit 99.1 to this Form 8-K.

The information in the Form 8-K and the exhibit attached hereto shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the "Exchange Act"), or incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the Exchange Act, except
as shall be expressly set forth by specific reference in such filing.





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.

Dated:  November 20, 2003

                                CATALYST SEMICONDUCTOR, INC.


                                By:  /s/ Gelu Voicu
                                     -------------------------------------------
                                     Gelu Voicu
                                     President and Chief Executive Officer


                                By:  /s/ Thomas E. Gay III
                                     -------------------------------------------
                                     Thomas E. Gay III
                                     Vice President, Finance and Administration
                                     and Chief Financial Officer






                          CATALYST SEMICONDUCTOR, INC.

                                    FORM 8-K

                                INDEX TO EXHIBITS



  Exhibit            Description
  -------            -----------

   99.1              Press Release of Catalyst Semiconductor, Inc. dated
                     November 20, 2003.