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Fermi (FRMI) shares jumped 16% premarket after an investment-grade hyperscaler committed $200M+ for 600 MW at Project Matador, replacing the TensorWave lease.

November 12, 2026

Fermi Lands an Investment-Grade Hyperscaler for 600 MW at Project Matador, Replacing TensorWave and Sending Shares Up 16% Premarket

Fermi Inc. (NASDAQ: FRMI) shares jumped about 16% in premarket trading Thursday. The AI power developer said an undisclosed investment-grade hyperscaler committed more than $200…

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Tag: Ai infrastructure stock

Fermi Lands an Investment-Grade Hyperscaler for 600 MW at Project Matador, Replacing TensorWave and Sending Shares Up 16% Premarket

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Tag: Ai infrastructure stock

Fermi Lands an Investment-Grade Hyperscaler for 600 MW at Project Matador, Replacing TensorWave and Sending Shares Up 16% Premarket

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