Taiwan Semiconductor Manufacturing Company (TSMC) shares have reached a record high, marking the company's best annual stock performance in 25 years. The stock has surged approximately 82% this year, the highest annual gain since 1999. Analysts attribute this growth to strong sales and advancements in artificial intelligence technology. TSMC's performance is notable as it comes at a time when the semiconductor industry is experiencing significant demand. The company's stock has been buoyed by its leading position in the global chip market, solidifying its status as the world's largest contract chipmaker.