Stock prices soar! Fermi (FRMI.US) secures its first AI data center lease, locking in $6.5 billion for a 15-year long-term contract.

According to Zhitong Finance APP, in the power competition for AI infrastructure, a real estate investment trust in Texas has successfully secured its first heavyweight tenant by leveraging its rare capabilities of "securing land first, getting power first, and obtaining permits first." On August 10, Fermi Inc. (FRMI.US), which focuses on the development of AI hyperscale data centers, announced that its Project Matador campus in Carson County, Texas, has signed its first binding customer lease with AI cloud provider TensorWave. Following this news, Fermi's stock price surged 20% in after-hours trading on Monday.