Fermi stock has plunged more than 50% since its IPO in October 2025. Fermi has just lost its first potential anchor customer. Fermi, however, remains confident about meeting its first sales goals.
Fermi shares have lost about two-thirds of their value since IPO, reflecting execution risk and financing challenges. FRMI's investment case hinges on ambitious construction plans, including 11 GW ...
Norbert Holtkamp has been appointed as the new director of Fermi National Accelerator Laboratory, effective Jan. 12, 2026. Holtkamp brings deep scientific and operational expertise to Fermilab, which ...
Dec 12 (Reuters) - Shares of Fermi (FRMI.O), opens new tab plunged 34% on Friday after the data center real estate investment company said a prospective tenant had terminated a deal to help fund ...
A potential tenant in Fermi America’s flagship project has pulled out of a deal to help fund the construction of the data center and power production megacampus. The unnamed company, described as ...
Shares of Fermi Inc. crumpled Friday after the company with links to President Donald Trump was surprised by some bad news from what was supposed to be the first tenant of its massive data-center ...
Fermi's stock is rocked, as the company with plans to be a big player in the AI-power business and a REIT is having trouble closing a deal with its first tenant Fermi, co-founded by a former secretary ...
Fermi America announced their first potential tenant for the Project Matador data center campus terminated their $150 million Advance in Aid of Construction agreement (i.e., lease). The stock has ...
Haynes and Boone recently represented Fermi America—an energy company co-founded by former U.S. Energy Secretary Rick Perry and CEO Toby Neugebauer—in its initial public offering (IPO), which values ...
Fermi Inc.’s stock fell Tuesday after the company building one of the largest data-center power projects in the U.S. said it’s running behind on negotiations with its first major tenant, but it’s ...
AMARILLO, Texas, Dec. 1, 2025 — Fermi America (Nasdaq: FRMI), in partnership with the Texas Tech University System, today announced it has signed a non-binding Memorandum of Understanding with MVM EGI ...
US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are comparable to the World War II initiative to build the first atomic bomb, according ...
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