Today's biggest winners and losers in the stock market.
- TSMC shares jump as much as 3.3% in Taipei on Wednesday, after reporting October revenue gains of 60% and saying that it’s investing up to $1 billion in Anthropic and OpenAI.
- Stocks climbed as investor enthusiasm for the artificial intelligence trade outweighed concern that hotter-than-expected US inflation will prompt the Federal Reserve to raise interest rates further. MediaTek rose as much as 4.2%.
- The tech trade was boosted by an upbeat outlook from AI computing provider CoreWeave and growing anticipation ahead of Anthropic's listing. Asia Vital Components rose as much as 9.3%.