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Chandler, Arizona-based $MCHP said that 4Q16 results was very strong amidst a weak semiconductor industry backdrop. The company said that it achieved its high-end of net sales guidance and also exceeded the high-end of guidance for non-GAAP gross margin percentage, operating profit percentage and EPS.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.