Fermi stock has plunged more than 50% since its IPO in October 2025. Fermi has just lost its first potential anchor customer. Fermi, however, remains confident about meeting its first sales goals.

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BNB Chain is set to activate its Fermi hard fork in January 2026, bringing faster block times and execution upgrades.

Fermi Inc. plunged as much as 43% on Friday after the power developer, co-founded by former Texas governor Rick Perry, said a tenant terminated a $150 million agreement tied to its proposed artificial ...