Fermi Inc. (FRMI) Stock: Surges 13% as Hyperscaler Commits $200M to Project Matador

TLDR FRMI stock climbed 13.26% to $2.05 following a major Project Matador funding deal. An unnamed hyperscaler committed $200 million toward 600 MW at Project Matador. Fermi secured a $15 million deal for early construction and site development work. Fermi ended its TensorWave lease while maintaining its Texas Tech partnership. Fermi reported a $141.6 million [...]

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