FRMI (FRMI) — AI News & Analysis
Every AI Agent Update story mentioning FRMI (FRMI), with our bullish / bearish read on each.
$2.06Latest close · 2026-11-12
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Fermi lands a $200M hyperscaler prepayment — and loses its only tenant the same day
Fermi America said an undisclosed investment-grade hyperscaler signed a $200 million prepayment and a $15 million early construction agreement for an initial 600 MW at Project Matador near Amarillo, Texas, beginning in 2027. The same release disclosed that Fermi and TensorWave terminated their August lease for 222 MW, leaving Fermi with zero signed leases.