Nvidia ( NVDA 0.90%) earnings have become quite the event for investors. Given the company's growth over the past two years, observers are curious about what each quarterly result will bring. Nvidia's rise has been a significant driving force behind the growth of the broader stock market, so continued success is key for every investor.

Nvidia (NASDAQ: NVDA) stuck to tradition when it reported third-quarter earnings last week. It's easy to understand why Nvidia has been delivering such excellent surprises to investors quarter after quarter.

Nvidia (NASDAQ: NVDA) stock has roared higher in recent years -- and it's continued with that momentum this year, as it's heading for a gain of more than 185%. Nvidia has become the "go to" company for AI and counts the world's top tech companies as its customers.

By now, Nvidia's (NASDAQ: NVDA) business has been booming for so long that it's getting boring. As of the time of writing, shares are down by around 3% despite better-than-expected third-quarter earnings and a buoyant market for artificial intelligence (AI) hardware.