Reported 1 day ago
Fermi Inc. (NASDAQ:FRMI) ended a five-day losing streak by soaring 18.65% to close at $23.54, driven by renewed optimism in the artificial intelligence sector. The company benefits from rising demand for energy and data center infrastructure, having recently hit an all-time low. Fermi's market valuation stands at $14.07 billion following its initial public offering that raised $682 million to support growth.
Source: YAHOO