Fermi Inc. is trading 6.8% up at $9.25 in pre-market following speculation about OpenAI-linked data center demand at Project Matador and ongoing leadership changes.
- The move extends a sharp multi-day rally from $5.62 on June 9 to its previous close of $8.66.
- Broader risk-on sentiment in index futures is providing an additional supportive backdrop for the stock's continued momentum.