Fermi Inc. (FRMI) Shares Jump 12.9% on AMD Credit-Support Deal
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Fermi Inc. (FRMI) shares jumped 12.9% in premarket trading Tuesday after the company signed a credit-support agreement with AMD covering the lease for Phase 1 of Project Matador in Texas. Project Matador is an energy and artificial intelligence facility. The credit-support deal covers Fermi’s lease for Phase 1 of Project Matador. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
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