<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001171663</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000724910</issuerCik>
      <issuerName>NVE CORP /NEW/</issuerName>
      <secFileNumber>000-12196</secFileNumber>
      <issuerAddress>
        <com:street1>11409 VALLEY VIEW ROAD</com:street1>
        <com:city>EDEN PRAIRIE</com:city>
        <com:stateOrCountry>MN</com:stateOrCountry>
        <com:zipCode>55344</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>9528299217</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>GLARNER TERRENCE</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Merril Lynch</name>
        <address>
          <com:street1>8300 Norman Center Dr</com:street1>
          <com:street2>Suite 1250</com:street2>
          <com:city>Bloomington</com:city>
          <com:stateOrCountry>MN</com:stateOrCountry>
          <com:zipCode>55437</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>275</noOfUnitsSold>
      <aggregateMarketValue>21656.00</aggregateMarketValue>
      <noOfUnitsOutstanding>4833676</noOfUnitsOutstanding>
      <approxSaleDate>01/24/2024</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>08/06/2020</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Option</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Directly from NVE Corp</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1000</amountOfSecuritiesAcquired>
      <paymentDate>01/22/2024</paymentDate>
      <natureOfPayment>cashless exercise</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>01/24/2024</noticeDate>
      <signature>5djjtn@u</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
