Last week, Fermi Inc. (NASDAQ:FRMI) surged by 15.75 percent as investors anticipated business updates and showed optimism for the AI industry. Fermi announced participation in a conference for potential outlook guidance. Despite a major tenant pulling out of a leasing agreement, Fermi remains in talks with other companies. Fermi secured a power supply agreement with Xcel Energy for its data center. Fermi is focused on private electric grid development to support AI. Check out other AI stocks for higher returns.

Read more at Yahoo Finance: Fermi (FRMI) Surges 15.75% Ahead of Business Update