In whats become a must-watch event for Wall Street types: Nvidia released its latest earnings report after Wednesdays market close, showing numbers that beat analysts estimates.Revenue for the chipmaker topped $35 billion in its fiscal 2025 third quarter that ended October 27, surging 94% from the same period a year ago. Adjusted earnings more than doubled to 81 cents per share in the past year.Despite the strong results, traders seemingly dinged the tech powerhouse for its more tempered outlook. The company is forecasting revenue of $37.5 billion in its forthcoming quarter, plus or minus 2%. While the average analyst estimate was $37.1 billion, according to data compiled by Bloomberg, some projections were as high as $41 billion.Nvidias stock fell more than 4% in the minutes after the earnings results were released, before recovering some of those losses.Despite pessimism among traders, Nvidia executives touted its record quarter, including a 112% gain in revenue for its Data Center division.The age of AI is in full steam, propelling a global shift to Nvidia computing, Jensen Huang, founder and CEO, said in a statement. AI is transforming every industry, company, and country.Santa Clara, California-based Nvidias dominance in the stock market has become all the more profound after it dethroned Apple in late October as the worlds most valuable company. Nvidia was added to the Dow Jones Industrial Average earlier this month, replacing Intel, and is seen as a bellwether for the burgeoning AI industry.Shares of Nvidia fell about 0.8% during Wednesdays trading session. The stock is up nearly 203% this year.