Tech stocks got a solid boost overnight. Taiwan's benchmark index climbed 1.68%, with semiconductor leader TSMC driving much of the gains—its shares jumped 2.7% after delivering Q4 results that beat analyst expectations. The uptick reflects growing optimism around chip production and supply chain momentum.

Backing that sentiment, Washington and Taipei just finalized a trade agreement aimed at reshaping their tariff landscape. The deal cuts duties on Taiwanese goods from the previous 20% level, a significant reduction that's expected to incentivize greater investment in chip manufacturing on the island. For the broader crypto ecosystem, this kind of policy tailwind matters—improved semiconductor availability and lower production costs could ease hardware constraints that affect mining operations and infrastructure buildout. When major economies unlock trade barriers for critical tech components, it ripples across multiple industries, including crypto infrastructure plays.