According to @WatcherGuru, Amazon ($AMZN) has announced the launch of a new infrastructure region in Taiwan and plans to invest over $5 billion to support this expansion. This large-scale investment is expected to boost Taiwan’s data and cloud services sector, which could accelerate blockchain adoption and foster new AI-driven crypto applications in Asia. Traders should monitor related crypto tokens and blockchain projects that may benefit from increased cloud computing capacity and enterprise-level cloud adoption in the region (Source: @WatcherGuru, June 11, 2024).