TSMC shares are trading at $299.85 (+1.66%) in pre-market on October 27, 2025, following a close at $294.96 (+1.45%) on October 24, 2025. The recent gains are attributed to broad optimism over progress in US-China trade negotiations and hopes for a US Federal Reserve rate cut, which have lifted technology stocks globally[3]. Additionally, Needham reiterated its Buy rating and $360 price target for TSMC, reinforcing positive sentiment among investors[6]. No major company-specific announcements or material news impacting TSMC's business or guidance have been reported today.