A semiconductor memory device comprises a local sense amplifier connected between a bit line sense amplifier and a current sensing type input/output (IO) sense amplifier. The bit line sense amplifier is connected between a bit line pair, the bit line pair is connected to a local data IO pair, and the local data IO pair is connected to a global data IO pair via a pair of switching circuits. During a read operation of the semiconductor memory device, the local data IO pair remains connected to the global data IO pair.