US law firm Robbins Geller Rudman & Dowd is investigating Fermi America, the developer of the up to 11GW mega data center ...

Fermi stock plunged on Friday after the energy and real estate company said a $150 million funding deal with one of its power ...

Despite having no data centers in operation, and little experience in the sector within its executive team, the company ...

Haynes and Boone recently represented Fermi America—an energy company co-founded by former U.S. Energy Secretary Rick Perry and CEO Toby Neugebauer—in its initial public offering (IPO), which values ...

Investor disappointment set in on December 12, 2025. That day, Fermi abruptly announced that " [o]n December 11, 2025, the First Tenant notified the Company that it is terminating the AICA [.]" The ...

Shares in the data center REIT are down more than 60% from its IPO in October as it tries to lure hyperscale clients to its ...

All nine Wall Street banks that cover the stock have assigned Fermi a “buy” rating. But investors have been upping their bets ...

Fermi America announced their first potential tenant for the Project Matador data center campus terminated their $150 million ...

Here's what happened last week: Fermi revealed that its first prospective tenant to lease a portion of the Project Matador campus for 20 years has terminated its advance construction agreement under ...

Toby Neugebauer, CEO of Fermi (center left) and Rick Perry, former US energy secretary (center right) ring the closing bell during the company's IPO at the Nasdaq in New York on October 1, 2025.

“Sir, what is this Fermi energy? I can’t find a reasonable explanation. Which electrons have this energy and why?” A visibly annoyed Hardik, one of my students, asked this as I started my class the ...