Fermi Inc. (FRMI) Stock News Today: $150M Funding Deal Terminated, Project Matador Updates, and Analyst Price Targets (Dec. 14, 2025)
December 14, 2025 — Fermi Inc. (NASDAQ: FRMI, LSE: FRMI) is in the spotlight after a dramatic selloff tied to a sudden change in its earliest tenant and financing narrative for Project Matador, the company’s flagship “behind-the-meter” power-and-data campus planned for West Texas. The drop has intensified debate over whether FRMI is a long-term AI-infrastructure winner trading at a steep discount—or a pre-revenue execution story facing its first major stress test. As of the most recent quote available heading into Sunday (markets closed), FRMI traded around $10.09 after a volatile week that included a heavy-volume plunge and a wide intraday