Cramer criticized Fermi, avoided aerospace stock Heico, and questioned Grab’s turnaround after its $1.49B Atome deal.
Agreement brings a proven power plant operator to Project MatadorAdds trained crews and reliability systems ahead of first powerDALLAS, TX / ACCESS Newswire / September 28, 2026 / (NASDAQ:FRMI)(LSE:FRMI), operating as Fermi America™ ("Fermi" or the "Company"), announced today an operations and maintenance (O&M) agreement with NAES Corporation ("NAES"), the largest independent operator of power plants in the United States. Under the agreement, NAES will run and maintain Fermi's natural gas turbin
Fermi (FRMI) signs 5-year CBRE deal to operate its Texas data center, boosting Project Matador readiness and growth after key customer/power wins—read more.
Fermi (FRM) and TensorWave extend Project Matador data center lease closing to Oct.
In an amended lawsuit filed in Texas Business Court on Friday, Fermi founder and largest shareholder of Fermi Inc. (Nasdaq: FRMI), Toby Neugebauer alleged that three of Fermi's current directors engaged in a long-running effort to consolidate their control of the Company and disenfranchise Fermi shareholders in what the lawsuit describes as a pattern of governance abuses.
Toby R. Neugebauer, with Vicksburg Investments Management LLC and the Melissa A. Neugebauer 2020 Trust (collectively, the "Fermi Founder Parties"), the largest shareholder of Fermi Inc. (Nasdaq: FRMI) at approximately 22% of shares outstanding, has taken three actions ahead of the Company's October 30 Annual Meeting: a letter to Fermi's Board of Directors sent September 9, followed by a detailed presentation delivered September 10, and a formal shareholder proposal submitted September 10 under S
On August 13, Fermi Inc. (NASDAQ:FRMI) held its second-quarter earnings call and delivered exactly the kind of update a young power developer needs: proof that its plans are turning into contracts. Chairman Marius Haas told investors the company had hit all five commitments from a 90-day plan he laid out three months earlier, topped by […]
Detailed price information for Fermi Inc (FRMI-Q) from The Globe and Mail including charting and trades.
Detailed price information for Fermi Inc (FRMI-Q) from The Globe and Mail including charting and trades.
Detailed price information for Fermi Inc (FRMI-Q) from The Globe and Mail including charting and trades.
Moby summary of Fermi Inc. Common Stock's Q2 2026 earnings call
Fermi Inc. has already reported a second‑quarter 2026 net loss of US$25.81 million and a six‑month net loss of US$214.50 million, while securing a 15‑year, approximately US$6.50 billion lease with TensorWave and a framework agreement for a 2.6 GW Hillcore‑financed power complex at Project Matador in Texas. These deals give Fermi its first long‑term, contracted revenue stream and access to gigawatt‑scale, behind‑the‑meter power without upfront capital outlay, reshaping how its buildout risk...
Fermi (NasdaqGS:FRMI) appoints Lee McIntire as Chief Executive Officer as the company moves from development into construction at Project Matador. The company enters a new alliance with Hillcore to deliver a 2.6 GW power facility on a Build-Own-Operate-Transfer basis. The Hillcore partnership is structured to provide on-site power capacity without upfront costs to Fermi while using Hillcore’s operational capabilities. Both steps aim to support Fermi’s plans to supply power to AI and...
Detailed price information for Fermi Inc (FRMI-Q) from The Globe and Mail including charting and trades.
Company Signed Its First Anchor Customer, Named a CEO, Added a Strategic Alliance and Premier Contractors, Received Three F-Series Turbines and Raised More Than $431 Million of Shareholder-Friendly Capital DALLAS, TX / ACCESS Newswire / August 13, ...
Fermi (NASDAQ:FRMI) said it completed each of the five priorities outlined in its prior 90-day plan, including signing a binding customer agreement for up to 650 megawatts of capacity, strengthening its balance sheet and advancing construction and partnership efforts at its Project Matador campus.
Fermi said that Lee McIntire, who had served as an independent director on Fermi's Board since Sept. 2025, would take over as CEO effective Aug. 11.
Lee McIntire, an independent member of Fermi's board, has been hired as CEO, more than three months since the company fired co-founder Toby Neugebauer from the top post.
Engineering executive with more than 40 years of experience building and operating complex global industrial and governmental projects at Bechtel, CH2M Hill, and TerraPower DALLAS, TX / ACCESS Newswire / August 12, 2026 / Fermi Inc. (NASDAQ:FRMI)(LSE:FRMI), ...
Fermi has secured its first binding customer lease for Project Matador, a 15-year agreement with TensorWave worth about $6.5 billion in contracted revenue.
Fermi Inc. (NASDAQ:FRMI) saw its share price jump by 21 percent on Tuesday to finish at $7.12 apiece, after officially bagging its first billion-dollar deal for its flagship development in Texas. In an updated report, the company said that it inked a definitive agreement with TensorWave TEX1 LLC—a subsidiary of AI cloud provider TensorWave Inc. […]
Fermi announced agreement with Hillcore Energy Capital in which Hillcore will finance, build, own and operate the 2.6 GW Hillcore Power Center at Fermi's Project Matador campus in Texas.
The data center builder found its first tenant for Project Matador.
Two AI power infrastructure stocks are surging in premarket trade after separate catalysts raised the same urgent question: how much runway is left in the race to lock up gigawatts for hyperscale AI.
Fermi (FRMI) stock jumps 19% after securing a $6.5B, 15-year Project Matador AI data center lease with TensorWave.
On Monday, the energy and infrastructure development company said that it has signed a 15-year turnkey agreement with AI cloud provider TensorWave.
Reason for change: Unfinalized version was submitted Intends to grow the partnership to more than 650 megawatts (MW) over three phases First phase to deliver a complete turnkey data center solution with 222 MW beginning in the second half of 2027, ...
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