Fermi's Nasdaq Debut Sparks AI and Energy Investment Surge
Fermi, a Texas-based company aiming to build the world's largest data center campus powered by natural gas and nuclear reactors, went public with a $13.8 billion valuation, soaring 55% on debut. Despite its ambitious plans and early advantages, the company faces significant hurdles including infrastructure development, securing tenants, and long construction timelines, making its stock a risky but potentially high-reward bet on AI-powered data infrastructure.