Fermi

Fermi shares drop 12%+ after the data center real estate company reported a $486M YTD net loss, amid concerns over a lack of a tenant for its Texas data center

Fermi shares drop 12%+ after the data center real estate company reported a $486M YTD net loss, amid concerns over a lack of a tenant for its Texas data center

Data centre property group faces investor concerns around lack of tenant revenue  —  Shares in data centre real estate group Fermi plunged …

Fermi CEO Toby Neugebauer says Amazon canceled a $150M advance for a Texas AI data center campus; FRMI fell 34% on December 12 after saying a tenant canceled

- Amazon has been in talks to become the “first tenant” at Fermi America's Texas data centers, Fermi CEO Toby Neugebauer told BI.

Shares of data center real estate company Fermi closed down 34% after a tenant terminated a $150M agreement to help fund an AI campus in West Texas

Financial Times :

Data center real estate investment trust Fermi, co-founded by former US Energy Secretary Rick Perry, closed up 55% in its Nasdaq debut, valuing Fermi at ~$19.3B

Fermi, a data center real estate investment trust co-founded by former US Energy Secretary Rick Perry, raised $682.5M in its US IPO, valuing Fermi at $12.46B

and Trump Fermi America : Fermi America Announces Pricing of Initial Public Offering

Fermi, a data center real estate investment trust co-founded by former Energy Secretary Rick Perry, aims to raise $550M in a US IPO at a $13.16B valuation

www.datacenterdynamics.com/en/news/ ferm... … Threads: @bloombergbusiness : Fermi, a real estate investment trust co-founded by former Texas Governor Rick Perry, has filed for an initial public offeri...