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$AMAT said it grew Semiconductor Systems revenue to the highest level in 15 years. In Applied Global Services, the company set a new revenue record of $657MM. In Display, $AMAT had record orders of $803MM, with more than half coming from projects in China. 4Q16 Display revenue grew by 67% sequentially.
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.