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 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 ...
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Why Fermi Stock Flopped Today
The energy and AI infrastructure developer posted third-quarter results, such as they are. The pre-revenue business booked a loss of almost $347 million. 10 stocks we like better than Fermi › Fermi ...
The energy and AI infrastructure developer posted third-quarter results, such as they are. The pre-revenue business booked a loss of almost $347 million. With ambitions to build what it describes as ...
The company, which is organized as a real-estate investment trust, plans to make up a three-week delay in signing a final contract with its first tenant, but investors remained worried Fermi Inc.'s ...
Fermi (FRMI) shares have been on the move recently as investors take stock of the company’s latest performance. Over the past month, the stock has seen a decline of nearly 9%, making some wonder what ...
The Texas Commission on Environmental Quality has granted preliminary approval for Fermi America’s plan to build up to 6 gigawatts of natural-gas-fueled power generation at its proposed Project ...
Fermi's financial results, shareholder letter, and presentation slides will be posted on Fermi's Investor Relations website at https:// investors.fermiamerica.com following the earnings call. A replay ...
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Fermi America, State of Texas announce preliminary approval for first 6GW of natural gas power generation
AMARILLO, Texas (KAMR/KCIT) — Fermi America, in partnership with the Texas Tech University System, announced the Texas Commission on Environmental Quality’s preliminary approval of 6 GW of natural gas ...
Fermi’s planned 5,800-acre data center and energy campus near Amarillo is moving forward with Korean partners. The massive energy and data center project co-founded by former Energy Secretary Rick ...
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