Fermi Inc. is trading 4% up at $9.01 in after-hours trading, extending a multi-day rally. The surge is primarily driven by: - Speculation linking OpenAI to significant data center capacity opportunities at Fermi's Project Matador. - Recent developments in the company's governance battle, including the endorsement of John Sellers as Chairman and CEO by founder Toby Neugebauer. - Continued progress on Project Matador, backed by nearly $785 million in new equipment financing.