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At 55.2%, gross margins declined by 90 basis points sequentially (in line with company expectations) as higher GPU margins for PC platforms as well as datacenter and cloud GPUs were partially offset by the impact of Tegra processor margins, which are lower than the company's overall average. Backed by strong revenue growth and contained operating expenses, Nvidia's GAAP earnings per diluted shares increased 57.7% for the first nine months of fiscal 2015, compared with the same period last year.
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