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 ...

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 ...

Initial trading in Fermi Inc.’s newly minted stock showed that investors continued to clamor for ways to invest in the growth of artificial intelligence, and it helps to have President Donald Trump’s ...