Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit

Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit Last November, we warned that storms clouds were gathering over the torrid, and in some cases chaotic, rollout of US data centers, after Fermi's massive 11 GW energy and data center project in Texas, called Project Matador, which the company has envisioned to be the world's largest AI data center and energy campus in the Texas Panhandle, near Amarillo, was struggling to close the deal with its first major...

By Tyler Durden