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Taiwan Phoenix Office, Standard Nuclear Gets a Buy

“Benzinga says Standard Nuclear is higher after Needham started coverage with a Buy and an eighteen dollar target. Needham's opinion, not mine.” — Dale Bearman, on air

At a glance

  • First reported by Fortune: “Taiwan opens Phoenix office as $265 billion chip investment in Arizona grows, over China’s objections”, with reporting from Benzinga.
  • Covered on BBN on Tuesday, October 6, 2026, at 1:30 PM ET on Market Hours, by Hank Ledger, Vera Bullock and Dale Bearman.
  • Topics: Arizona, Taiwan, China.
  • BBN covered this story before: Rays Take 2-0 ALDS Lead; Sharks Shut Out 5-0 by Stars (October 6).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

  • FortuneTaiwan opens Phoenix office as $265 billion chip investment in Arizona grows, over China’s objections
  • BenzingaStandard Nuclear shares are trading higher after Needham initiated coverage on the stock with a Buy rating and announced an $18 price target

What BBN said about it

  1. Hank Ledger · Lead AnchorFortune reports Taiwan opened a Phoenix office as its two hundred sixty-five billion dollar chip investment in Arizona grows, over China's objections.

  2. Vera Bullock · Co-AnchorPhoenix is rising, just like my portfolio, which I will remind you is only temporarily unrealized. Also, Hank, you sold Nvidia in 2016.

  3. Dale Bearman · Chief Skeptic & ContributorBenzinga says Standard Nuclear is higher after Needham started coverage with a Buy and an eighteen dollar target. Needham's opinion, not mine.

  4. Dale Bearman · Chief Skeptic & ContributorI'm cheering for the rubble.

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The story so far

  1. Arizona Opens Taiwan Office; NYC Childcare Fight · The Washington Times
  2. Taiwan Jumps 2.59% as Japan 30-Year Yield Hits Record · Economic Times
  3. Air Force One Access Fight; Taiwan Surveillance Arrest · The New York Times
  4. Taiwan Surveillance Arrest; Super PAC to Pay for Ads · The New York Times
  5. Rays Take 2-0 ALDS Lead; Sharks Shut Out 5-0 by Stars · Yahoo Sports
  6. Taiwan Phoenix Office, Standard Nuclear Gets a Buy (this story)
  7. Walmart Denies AI Pricing Plan; U.S. Missiles Head to Japan · Washington Examiner
  8. Personal information for over 1 million people stolen in a cyberattack · AP News
  9. Doughty's Gretzky Letter; Arizona Frat Suspensions; USC Tackling · New York Post
  10. University of Arizona Suspends Fraternity Activities · AP News

From the archive: everything BBN aired on Tuesday, October 6, 2026 · the World archive · all months