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Fermi Inc

FRMI

Market cap $981M

1.53 USD

-0.29

15.93%

At close Updated Nov 5, 4:00 PM EST

Pre-market

After hours

1.54

+0.01

0.65%

1 day

-15.93%

5 days

-43.96%

1 month

-62.32%

3 months

-75.28%

6 months

-69.03%

Year to date

-82.65%

1 year

-94.22%

5 years

-95.3%

10 years

-95.3%

About: Fermi Inc develops next-generation private electric grids that deliver redundant power at gigawatt scale to support next-generation intelligence and AI compute. It combines cutting-edge technology with a deep bench of world-class, multidisciplinary leaders with a combined 25 GW of experience to create one of the world's 17 GW next-gen private grids, helping ensure America's energy and AI dominance. The behind-the-meter Project Matador campus is expected to integrate the nation's combined-cycle natural gas project, one of the clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to support hyperscale AI and computing.

Employees: 35

Real Estate Specialty REIT

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 29.7%

Neutral 51.4%

Negative 18.9%

AI Data Centers Are on the Ballot. 7 Stocks That Are at Risk.

Polls have found that Americans think data centers inflate home energy costs and are bad for the environment.

AI Data Centers Are on the Ballot. 7 Stocks That Are at Risk.

Fermi Advances Project Matador, Pivots to Powered-Land Strategy as Director Vote Fails

Fermi NASDAQ: FRMI said at its annual shareholder meeting that it is advancing development at its Project Matador site while shifting its commercial strategy toward a powered-land model for prospective tenants.

Fermi Advances Project Matador, Pivots to Powered-Land Strategy as Director Vote Fails

Fermi Provides Letter to Shareholders from CEO Lee McIntire on Financing Fermi's Next Chapter

Outlines a disciplined capital strategy to support growth and build long-term shareholder value DALLAS, TX / ACCESS Newswire / October 21, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company") today provided the following letter to shareholders from CEO Lee McIntire: Dear Fellow Shareholders, We are living through an extraordinary moment in the development of American infrastructure. As artificial intelligence reshapes industries and economies, reliable power has become one of the most strategically important and sought-after assets in the world.

Fermi Provides Letter to Shareholders from CEO Lee McIntire on Financing Fermi's Next Chapter

24/7 Wall Street

The AI Data Center Race: 3 Stocks Cashing In Today and 1 Aiming to Next Year

AI is driving a gold rush in data centers and power generation, but not every company collecting on that boom is getting paid on the same schedule. Four stocks are riding the wave at very different stages of the race.

The AI Data Center Race: 3 Stocks Cashing In Today and 1 Aiming to Next Year

The Data Center Doomsday Scenario

I remain bullish on long-term digital infrastructure demand, favoring data center and cell tower REITs over heavily leveraged AI cloud providers. Data center moratoriums are unlikely to trigger a recession, as capital migrates to receptive markets and demand remains robust. Technological obsolescence and orbital computing are risks, but well-located, adaptable infrastructure with prudent financing can retain value through cycles.

The Data Center Doomsday Scenario

AMD's Support Could Help Fermi Stock Overcome Its Biggest Hurdle

Chip designers are quietly providing credit support for the physical deployment of their own hardware. This direct financing maneuver helps to de-risk power infrastructure projects, transforming speculative infrastructure stocks into asymmetrical momentum vehicles as the artificial intelligence (AI) energy bottleneck tightens.

AMD's Support Could Help Fermi Stock Overcome Its Biggest Hurdle

24/7 Wall Street

The AI Data Center Race Heats Up: Three Winners Getting Paid Now, One Waiting for Next Year

Four companies are betting everything on the AI data center boom, but their paydays fall on wildly different timelines and their risks look nothing alike.

The AI Data Center Race Heats Up: Three Winners Getting Paid Now, One Waiting for Next Year

The Motley Fool

Stock Market Today, Oct. 13: Fermi Surges 14% on AMD Credit Support for Project Matador

AMD's backing of Fermi's 222 MW lease signals financing momentum for AI campus infrastructure, though full funding hurdles remain ahead, Oct. 13, 2026.

Stock Market Today, Oct. 13: Fermi Surges 14% on AMD Credit Support for Project Matador

Bumble, Fermi, Xtend AI Robotics And Other Big Stocks Moving Higher On Tuesday

U.S. stocks were mostly lower, with the Dow Jones index falling around 100 points on Tuesday.

Bumble, Fermi, Xtend AI Robotics And Other Big Stocks Moving Higher On Tuesday

Fermi Signs Credit Support Agreement with AMD and Announces Partnership

DALLAS, TX / ACCESS Newswire / October 13, 2026 / Fermi Inc. (Nasdaq:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), today announced that it has signed a credit support agreement with AMD, the high performance and adaptive computing leader, supporting a lease for phase one of Fermi's Project Matador energy and AI buildout in Carson County, Texas, with 222 megawatts (MW) of gross power capacity in line with Fermi's first customer lease as announced on August 10, 2026. The agreement represents a key milestone toward securing project financing.

Fermi Signs Credit Support Agreement with AMD and Announces Partnership

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