Fermi Inc. signs binding $6.5B lease with TensorWave for 222MW AI data center in Texas
Fermi Inc. announced a binding $6.5B lease agreement with TensorWave for a 222MW AI data center in Texas running on AMD Instinct GPUs, with plans to grow the partnership to over 650MW across three phases. The stock rose +19% after hours following the announcement.
Detected & updated continuously · Source: Nebula
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@AviNMash
Boom it happened! $FRMI just signed a binding $6.5B lease with TensorWave for a 222MW AI data center in Texas, whole facility running on AMD Instinct GPUs. We broke this down on @DailyStackHQ last week so go watch if you missed it. TensorWave raised $350M at a $1.55B valuation
@PeloSwing
$FRMI is up +19% After Hours after the company Announces Binding Lease Agreement with TensorWave Intends to grow the partnership to more than 650 megawatts (MW) over three phases First phase to deliver a complete turnkey data center solution with 222 MW beginning in the second https://t.co/ggApKGghqC