(FRMI)

The Texas-based group aims to build the world's largest data center on a parcel of land in the Texas Panhandle.

U.S. stock futures were fluctuating on Thursday following Wednesday's record advances. Futures of major benchmark indices were mixed.

Shares of Fermi (FRMI), the developer of one of the world's largest AI data center campuses, soared on their first day of trading Wednesday in yet another sign of Wall Street's appetite for all things...

Fermi Inc., a future datacenter AI enablement REIT, debuted in its IPO with a $16 billion valuation despite lacking revenue and operational history. FRMI's ambitious plan targets 11GW capacity by 2038...

Fermi's IPO prices on high end of its expected range, as investors look to take part in a new AI — and Donald J. Trump — play.

Fermi has yet to generate revenue as it readies its IPO of 32.5 million shares at an estimated price range of $18 to $22 each for trading Wednesday.

One IPO and four SPACS debuted this week. Six IPOs and three SPACs submitted initial filings. Two sizable deals are currently scheduled to price in the week ahead as the 3Q IPO market comes to a close...

Wall Street is getting a buzzy new AI data center stock soon, but investors looking for Nvidia-like returns may want to look elsewhere.

Fermi America is launching an ambitious IPO to become a major power producer and data center landlord in Amarillo, TX. FRMI aims for 11 GW generation capacity by 2038, featuring gas, nuclear, solar, a...