Fermi (FRMI) Stock News
$FRMI · NASDAQ · 1 stories in 30 daysBORSA has published 1 story on Fermi (FRMI) in the past 30 days. BORSA’s news read on FRMI is balanced at 50/100, based on 1 company event over the past 7 days.
The wire on $FRMI
newest first · updated · direct subject stories onlyFermi reported a Q3 net loss of $141.6 million, wider than expected. The data-center developer announced a $200 million upfront funding deal with an unnamed AI customer for 600 MW at its Texas campus. The customer has not yet signed a long-term lease. Separately, a $6.5 billion lease with TensorWave was terminated. Co-founder Toby Neugebauer is calling for a sale of the company.
neutral 50 · impact 60Fermi shares rose 12% to $3.65 premarket after signing a credit support agreement with AMD for phase one of Project Matador, a 222 MW AI energy buildout in Texas. The deal includes a framework for up to 650 MW expansion. Over $1.5B invested to date.
