Backed by former U.S. energy secretary and Texas governor Rick Perry, AI power startup Fermi went from nonexistent to an October IPO with a mammoth $16 billion market cap in less than a year without ...

Fermi Inc., (NASDAQ: FRMI), a Texas-based AI infrastructure startup co-founded by former U.S. Energy Secretary Rick Perry, recently had a successful IPO. Just a few months after its founding in ...

Shares of the Amarillo, Texas-based company rose 55% from an initial public offering price of $21 to close at $32.53 on Wednesday, Bloomberg reported. Fermi's performance is an indication of investors ...

Haynes and Boone capital markets lawyers in Dallas and London led a team that represented Amarillo's Fermi America in a $682.5-million IPO. The company has been simultaneously listed on Nasdaq and the ...

Independent news. Trusted by Texans. About The Texas Tribune | Staff | Contact | Send a Confidential Tip | Ethics | Republish Our Work | Jobs | Awards | Corrections | Strategic Plan | Downloads | ...

Fermi America’s IPO rode a wave of AI enthusiasm, despite questions about the viability of the planned “HyperGrid” megasite in Texas. Shares of a data center and power company backed by former Energy ...

Shares of the global tech company jumped 9.30%, rising by $4.46 to finish at $52.40 during regular trading on Wednesday. This marks the third day in a row the stock has been on the rise. The stock ...

The data center real estate investment trust (REIT) debuted at $25 on Wednesday, marking a 19% increase from its $21 initial public offering (IPO) price, and giving the company a valuation of $14.8 ...

Fermi America, a Texas-based nuclear and data center start-up co-founded by former Gov. Rick Perry, didn’t even exist at the beginning of this year. But on Wednesday, Fermi outperformed its own goals ...

Despite being under a year old and having no revenue, Fermi America had a very successful initial public offering (IPO) this week. The company, which aims to provide data and power centers for ...

Fermi Inc. (FRMI), the data center REIT co-founded by former U.S. Energy Secretary Rick Perry, offered 32.5M shares through an initial public offering priced at $21 apiece, toward the upper end of its ...