Mix the Cake mix, Instant Pudding, Oil, Eggs, and Water and set aside.
Melt the Chocolate Chips in the Microwave for 30- 45 seconds or until completely melted and stir until smooth.
Add melted Chocolate Chips to the Cake batter and mix thoroughly.
Pour batter into a Bundt Pan or in two medium size loaf pans and bake for 35-40 minutes or until toothpick inserted comes out clean.
When cake is almost completely cooled, remove from pan and sprinkle with Powdered Sugar.
Add Cherry Pie Filling over each slice and a dollop of Cool Whip for a Black Forest Dessert or Vanilla Ice Cream between two slices topped with Hot fudge Sauce, Cool Whip and a Cherry for the Best Hot Fudge Cake Ever!