Microchip Wins US Export License for FPGA R&D in Armenia, Boosting Crypto Mining Prospects

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The US-brokered peace deal and the focus on transit corridors align with a broader trend of de-risking global supply chains and fostering regional stability. Successful implementation could reduce reliance on certain geopolitical hotspots, indirectly impacting investor sentiment and risk appetite.

US Vice President JD Vance visited Armenia on Monday and will visit Azerbaijan on Tuesday to advance a peace deal between the two countries brokered by the US.