FRMI Fermi (FRMI) Q2 FY26 earnings call
Fermi Inc. delivered on all five of its aggressive 90-day commitments, securing a binding customer agreement with TensorWave for up to 650 megawatts and strengthening its balance sheet with a $431 million convertible notes offering. The company also formed a strategic alliance with Hillcore to double its power capacity to 4.8 gigawatts, accelerating its ability to meet the surging demand for AI compute power. With a new CEO focused on large-scale project delivery and significant operational milestones achieved, Fermi is positioned to execute its strategy of providing critical power infrastruct
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