Fermi Shares Rally on Rumors of OpenAI Partnership

Shares of Fermi (NASDAQ: FRMI) surged over 8% amid rumors that the company may be working with AI pioneer OpenAI for its Matador data center project in West Texas. The speculation was fueled by a note from JMP Securities, which reported that OpenAI has been evaluating Fermi's infrastructure.

By Billy Duberstein, The Motley Fool Wed, June 17, 2026 at 11:39 PM GMT+3 4 min read · Yahoo Finance · June 17, 2026, 20:39 UTC

Fermi Shares Rally on Rumors of OpenAI Partnership

Tickers: $FRMI $NVDA

Topics: AI infrastructure data centers OpenAI partnership speculation

Read the full article at Yahoo Finance

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