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Fermi Inc Stock Jumps 13% Amid AI Power Play and Leadership Shakeup Recovery Hopes

Posted on April 22, 2026
By International Business Times
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1 min read

Fermi Inc Stock Jumps 13% Amid AI Power Play and Leadership Shakeup Recovery Hopes

Fermi Inc. shares climbed sharply in early trading Wednesday, rising 13.14 percent to $5.72 as investors appeared to shake off recent volatility tied to a high-profile CEO departure and betting on the company's ambitious plans to deliver gigawatt-scale power for artificial intelligence data centers.