Fermi America Signs Credit Support Agreement with AMD for 222 MW Project Matador Phase
Fermi partners with AMD to advance Project Matador in Texas, securing credit support for 222 MW and a framework for up to 650 MW of AI power.
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Fermi’s Project Matador Lands First Major Tenant in Landmark AI Power Deal
Fermi announces binding $6.5B lease with TensorWave for 222 MW AI data center at Project Matador. Expansion to 650 MW possible.
OpenAI’s Huge 10GW Ohio Data Center Deal Lifts Fermi Shares
OpenAI plans a huge Ohio data center with Nvidia support, boosting Fermi stock as investors expect new big AI deals.
Fermi Stock Surges on “Multiple Prospective Tenants” at Project Matador
Fermi stock surged after Co-President Anna Bofa revealed strong tenant interest from hyperscalers at Project Matador.
Trump-Backed World's Largest Data Center Project in Crisis as CEO Abruptly Quits
Fermi’s huge Texas AI data center project faces delays, CEO quits, no major customer, stock drops, doubts over the massive build plan.
No Tenant, Huge Losses: Inside Fermi’s 2025 Shareholder Letter
Fermi reported a $486.4M net loss and zero revenue in its first year. Still no signed tenant for Project Matador AI power campus. Stock drops sharply.