Fermi IPO Momentum Fueled by AI Data Center Demand

24 days ago

Daniel Curtis

"It started trading yesterday, surged 50%, up another 12% this morning. FRMI, if you haven't had a chance to check out that ticker yet."

Fermi (FRMI), a newly IPO'd real estate company focused on leasing land for data centers in Texas, is showing remarkable momentum with a 50% surge on debut and an additional 12% pre-market gain. Co-founded by Rick Perry, the company is leveraging the boom in AI infrastructure demand, making it a notable story in an otherwise unconventional REIT space.

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