Nvidia's strong forecast lifts shares of AI chipmakers

FILE PHOTO: A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017. REUTERS/Mike Blake/File Photo

NEW YORK (Reuters) - A stronger-than-expected revenue forecast from Nvidia after the bell on Wednesday lifted shares of the artificial-intelligence chipmaker and fueled gains in other chip and technology stocks.

Shares of Nvidia were last up 3.5% while Advanced Micro Devices was up 1.2% and Broadcom was up 0.8% in after-hours trading.