1 (11 1/2 oz.) pkg. milk chocolate chips (2 c.)
1 1/4 c. crunchy peanut butter
1 (14 oz.) can sweetened condensed milk

In top of double boiler, over hot (not boiling) water, melt milk chocolate morsels and peanut butter. Remove from heat; stir in sweetened condensed milk. Mix well. Spread evenly into waxed-paper lined 8 inch square pan. Chill 2 hours or until firm. Turn fudge onto cutting board; peel off wax paper and cut into squares. Store loosely covered in refrigerator or at room temperature.