TradingKey – TSMC (TSM) extended its pre-market gain to 5% on Wednesday, with its stock price rising to $418. If this trend carries into the open, the cumulative decline since November is poised to be fully erased. Record-high revenue, persistently robust artificial intelligence demand, and the company’s expanding investments across the AI supply chain have jointly improved market expectations for its growth prospects.

Source: TradingView

Data released by TSMC showed that consolidated revenue for October reached NT$586.89 billion (approximately $17.9 billion), up 14.7% month-over-month and surging 59.7% year-over-year to set a single-month record high. Cumulative revenue for the first ten months of this year reached approximately NT$4.49…