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FRMI News7 articles
Fermi Shares Leap on OpenAI Data Center Speculation, Project Matador in Focus
Fermi shares jumped 22.6% to $6.89 after a report that OpenAI may lease a 10-gigawatt Ohio data center with Nvidia support, boosting optimism for Fermi's Project Matador.
Fermi Stock Surges on OpenAI Data Center Speculation, Tenant Uncertainty Remains
Fermi Inc. shares surged 24% to $6.99 on heavy volume after OpenAI's Ohio data center plans fueled speculation, but the company still lacks tenant agreements and revenue.
Fermi Inc. Raises Voting Threshold Amid Founder Dispute
Fermi Inc. raised its shareholder vote threshold to 70% for key bylaw changes, escalating the conflict with ousted co-founder Toby Neugebauer ahead of Q1 earnings.
Fermi Secures Key Texas Permit for 6-GW Project Matador
Fermi Inc. has obtained the final air-quality permit from Texas regulators for its 6-gigawatt Project Matador, allowing major construction to proceed. The stock edged lower premarket as investors also monitor a March 6 securities lawsuit deadline and a March 30 earnings call.
Fermi Rally Pauses as Nasdaq Halts for Juneteenth; Boardroom Battle Intensifies
Fermi shares jumped 10% to $9.50 ahead of the Juneteenth break, fueled by OpenAI tenant hopes, but the lack of a signed deal leaves the rally vulnerable as a proxy fight with former CEO Toby Neugebauer heats up.
Fermi Shares Surge as Ex-CEO Backs Rival Candidate in Board Battle
Fermi shares surged 12.8% on Wednesday after former CEO Toby Neugebauer threw his support behind John Sellers to lead the company, escalating a governance battle.
Fermi’s Proxy Battle Intensifies Ahead of Q1 Earnings, Founder Pushes for Board Overhaul
Fermi founder Toby Neugebauer pushes for board changes despite the board canceling a May 29 meeting. Q1 earnings are due Thursday, with focus on Project Matador tenant negotiations.