Fermi IPO: Riding the AI Data Center Wave
Update: 2025-09-29
Description
AI-fueled IPO: Fermi, co-founded by ex-Energy Secretary Rick Perry, aims to raise $715M for data centers amid surging AI demand. Offering 32.5M shares at $18-$22, Fermi will list on Nasdaq and London Stock Exchange (FRMI), backed by UBS and other major banks. Will this dual listing capitalize on the exploding need for AI infrastructure?
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