Fermi AI data center power provider issues IPO

Fermi, a Texas company dedicated to using natural gas power plants and nuclear reactors to power AI data centers, priced its IPO at $21 per share, issuing a total of 32.5 million shares, valuing it at about $13 billion. From non-existence to imminent listing in just 10 months, Fermi faced challenges and risks.

Latest News

10-02
Fermi IPO Is a Risky Bet on AI Power. The Stock Soared 55% in Its Debut
Fermi IPO Is a Risky Bet on AI Power. The Stock Soared 55% in Its Debut
10-02
新股首日 | 押注AI电力的豪赌!Fermi 上市首日股价飙55%、盘后再涨20%
新股首日 | 押注AI电力的豪赌!Fermi 上市首日股价飙55%、盘后再涨20%
10-02
US Stock Movement | Fermi Inc. (FRMI.US) Debuts on US Stock Market, Opening Up Over 25%
US Stock Movement | Fermi Inc. (FRMI.US) Debuts on US Stock Market, Opening Up Over 25%
10-02
美股异动 | Fermi(FRMI.US)登陆美股市场 开盘涨超25%
美股异动 | Fermi(FRMI.US)登陆美股市场 开盘涨超25%
10-01
异动解读 | 人工智能基础设施热潮推动,Fermi公司上市首日盘中大涨19.05%
异动解读 | 人工智能基础设施热潮推动,Fermi公司上市首日盘中大涨19.05%
10-01
Stock Track | Fermi Inc. Soars 19% in Nasdaq Debut as AI Infrastructure Play Excites Investors
Stock Track | Fermi Inc. Soars 19% in Nasdaq Debut as AI Infrastructure Play Excites Investors
10-01
数据中心房地产投资信托基金 Fermi 股票在纳斯达克的开盘价可能比首次公开发行价高出 100
数据中心房地产投资信托基金 Fermi 股票在纳斯达克的开盘价可能比首次公开发行价高出 100
10-01
Data center REIT Fermi shares likely to open 100% above IPO price on Nasdaq
Data center REIT Fermi shares likely to open 100% above IPO price on Nasdaq
10-01
Fermi Shares Indicated to Open at $42 in Nasdaq Debut VS $21 IPO Price
Fermi Shares Indicated to Open at $42 in Nasdaq Debut VS $21 IPO Price
10-01
AI power-generation and Trump play Fermi sees strong demand for its IPO
AI power-generation and Trump play Fermi sees strong demand for its IPO
10-01
AI数据中心供电商Fermi发行价确定,估值约130亿美元,预期美东时间周三纳斯达克上市
AI数据中心供电商Fermi发行价确定,估值约130亿美元,预期美东时间周三纳斯达克上市
10-01
Fermi IPO Looks Like a Risky Bet on AI Power. The Stock Is About to Start Trading. -- Barrons.com
Fermi IPO Looks Like a Risky Bet on AI Power. The Stock Is About to Start Trading. -- Barrons.com
10-01
BRIEF-Fermi America Announces Pricing Of Initial Public Offering
BRIEF-Fermi America Announces Pricing Of Initial Public Offering
10-01
Fermi America - Prices IPO at $21.00 per Share for 32.5 Mln Shares
Fermi America - Prices IPO at $21.00 per Share for 32.5 Mln Shares
10-01
Fermi America Announces Pricing of Initial Public Offering
Fermi America Announces Pricing of Initial Public Offering

User Discussion

avatarThe0
10-02
$Fermi Inc.(FRMI)$ Fermi listed its shares on Wednesday during trading hours, where it hovered at $25 to $29 for most of its trading session, during the last 10 minutes it pushed its daily high every other minute, closing just over $35.65. Fermi had a land lease to building one of the largest AI-fueled Data Centres in the States. It's IPO came at a very strategic timing, with the AI wave as a tailwind and Rick Perry (Former Texas governor and friend of President Trump) as a co-founder of the company. Closest comp will be Data Centre giant, CoreWeave. I entered a fairly sizable position and exit quickly, if I were to have held it to post market, my gains would've quadrupled.