Fermi Inc. (FRMI) ended a five-day loss streak, rising by 18.6% on Friday to close at $23.54 per share, reflecting optimism in the AI industry. The rally was fuelled by bargain-hunting after FRMI hit an all-time low and concerns over its valuation. The company now boasts a market valuation of $14.07 billion since its October 1 IPO, raising $682 million in fresh funds. Investors are urged to explore other AI stocks with potentially higher returns and less downside risk.

Read more at Yahoo Finance: Fermi (FRMI) Ends 5-Day Loss, Soars 18.6% as AI Boosts Anew