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 ...

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 ...

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 Inc. shares rose 55% in their debut after the energy real estate investment trust raised $682.5 million in its US listing, the latest sign of investors’ hunger for exposure to a boom in ...

Fermi Inc. shares traded 28% above their initial public offering price in New York after the energy real estate investment trust raised $682.5 million in its US listing. Shares of the company changed ...

Sept 30 (Reuters) - Fermi, a data center real estate investment trust co-founded by former U.S. energy secretary Rick Perry, said on Tuesday it raised $682.5 million in its U.S. initial public ...

The Texas AI boom is about to get very real. A high-profile IPO this week could make former Texas Gov. Rick Perry—and his family—very wealthy. Fermi Corp., a nuclear-powered artificial intelligence ...

(Reuters) -Fermi is aiming to raise $715 million in its upsized U.S. initial public offering, the data center real estate investment trust said on Monday, as it aims to leverage burgeoning demand for ...

Former Texas Gov. Rick Perry’s real estate venture is seeking to raise up to $550 million in an initial public offering. Fermi Inc., the real estate investment trust co-founded by Perry, the former ...

Sept 24 (Reuters) - Fermi, co-founded by former U.S. Energy Secretary Rick Perry, is targeting a valuation of up to $13.16 billion in its U.S. initial public offering, it said on Wednesday, as the AI ...

Julia Roberts is more than just one of our greatest living actors – she’s a living legend. Between winning the Academy Award for Erin Brockovich, starring in some of the greatest rom-coms ever made ...

Former Texas Gov. Rick Perry’s energy infrastructure REIT has filed for an initial public offering as it looks to develop a nearly 6,000-acre data center and power generation campus outside of ...