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Fermi Falls 51% After AI Campus Tenant Ends $150 Million Deal

Bloomberg Markets
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Fermi Falls 51% After AI Campus Tenant Ends $150 Million Deal

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Fermi Inc. shares fell as much as 51% in premarket trading, after the developer of a private power grid for artificial intelligence said a tenant terminated a $150 million agreement tied to its proposed West Texas campus.

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Source: Bloomberg Markets