Microchip Technology Inc. NASDAQ: MCHP

Microchip Technology(MCHP) just ended a long streak of volume growth. The Question for forward thinking semi’s analysts and PMs today; will this downturn be a shallow one and rip higher like the price actions occurring in June ’15 -or- is the long period of higher highs since ’12 coming to an end? (implying a steeper unit through-shallow recover) and lower GM% across the forward horizon as ulizations fall?

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