Economy Bloomberg 78d ago

Fermi Down 43% After AI Campus Tenant Ends $150 Million Deal

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Fermi Inc. stock plummeted 43% after a key tenant cancelled a $150 million deal for its AI campus in West Texas, dealing a significant blow to the company's plans.

Market Impact

Market impact analysis based on bearish sentiment with 79% confidence.

Sentiment
Bearish
AI Confidence
79%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Fermi Inc. plunged as much as 43% on Friday after the power developer, co-founded by former Texas governor Rick Perry, said a tenant terminated a $150 million agreement tied to its proposed artificial intelligence campus in West Texas

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Original article published by Bloomberg on December 12, 2025.
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