Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as claims under Sections 11 and 15 of the Securities Act of 1933 [3]. - Investors have until March 6, 2026, to request to lead the case, which is pending in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI workloads [4]. Group 3: IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Group 4: Stock Price Impact - Following the announcement that the First Tenant terminated the Advance in Aid of Construction Agreement, Fermi's stock dropped by $5.16 per share, over 33%, from $15.25 to $10.09 on December 12, 2025 [7].

Core Viewpoint - The Fermi Inc. class action lawsuit alleges that the company and its executives made misleading statements regarding its Project Matador campus, leading to significant financial losses for investors following the termination of a key funding agreement [3][4][5]. Company Overview - Fermi Inc. is positioned as an energy and AI infrastructure company, having conducted its initial public offering (IPO) in October 2025, selling 37,375,000 shares at a price of $21.00 per share [2]. Allegations of the Lawsuit - The lawsuit claims that Fermi overstated tenant demand for its Project Matador campus and failed to disclose reliance on a single tenant's funding commitment, which posed a risk of termination [3]. - On December 12, 2025, Fermi announced that the first tenant for Project Matador had terminated a $150 million funding agreement, resulting in a nearly 34% drop in stock price [4]. - By the time the lawsuit commenced, Fermi's stock price had fallen to as low as $8.59 per share, marking a 59% decline from the IPO price [5]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Fermi common stock during the IPO or the class period to seek appointment as lead plaintiff in the class action lawsuit [6]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7]. - The firm has a strong track record, being ranked 1 in monetary relief for investors in securities class actions for four out of the last five years [7].

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to alleged violations of federal securities laws [1][3]. Company Overview - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project is Project Matador, designed to provide dedicated power for AI workloads [4]. IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Price Impact - On December 12, 2025, Fermi's stock dropped by $5.16 per share, over 33%, following the termination of the Advance in Aid of Construction Agreement by the First Tenant [7].

Core Viewpoint - The Fermi Inc. class action lawsuit alleges that the company and its executives made misleading statements regarding its Project Matador, leading to significant financial losses for investors following the termination of a key funding agreement [3][4][5]. Company Overview - Fermi Inc. is positioned as an energy and AI infrastructure company, having conducted its initial public offering (IPO) in October 2025, selling 37,375,000 shares at a price of $21.00 per share [2]. Allegations of Misconduct - The lawsuit claims that Fermi overstated tenant demand for its Project Matador campus and failed to disclose reliance on a single tenant's funding commitment, which posed a risk of termination [3]. - It is alleged that the first tenant for Project Matador terminated a $150 million funding agreement, causing Fermi's stock price to drop nearly 34% [4]. Stock Performance - Following the allegations and the termination of the funding agreement, Fermi's stock price fell to as low as $8.59 per share, representing a 59% decline from the IPO price [5]. Legal Process - Investors who purchased Fermi common stock during the IPO or the specified class period can seek to be appointed as lead plaintiff in the class action lawsuit, which allows them to represent the interests of all affected investors [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7].

NEW YORK, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ:FRMI), certain of the Company’s senior executives and directors, and underwriters of Fermi’s Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cas ...

The Indian Economic Survey 2025-26 has outlined a stark warning regarding a potential global financial “systemic shock cascade” in 2026 that could outpace the severity of the 2008 Global Financial Crisis.The AI Infrastructure ‘Huge Bet’Tabled in the Indian Parliament on Thursday, the survey estimates a 10-20% residual probability for this worst-case scenario, where financial, technological, and geopolitical stresses amplify one another rather than unfolding independently.The primary catalyst for this potent ...

Core Insights - SuperX AI Technology Limited has officially commenced production at its newly established SuperX Global Supply Center in Tsu City, Japan, marking a significant transition to scaled commercial production [1][2] - The facility is designed to leverage Japan's engineering excellence and is expected to serve SuperX's global customer base effectively [2][4] Strategic Rationale & Operational Focus - The Japan supply center aims to integrate local industrial capabilities with SuperX's technical expertise, focusing on immediate commercial execution and customer support [2][3] - In January 2026, SuperX secured customer purchase orders valued at approximately USD 910 million and entered into MOUs for 5,000 AI server units, potentially worth up to USD 2.1 billion [2] Globalized Support Services - SuperX is implementing a standardized technical service system, including 24/7 global support from a center in Singapore, to enhance customer service during AI server deployment and post-sales [3] - The company combines a global technical team with a local spare-parts network in Japan to provide customizable project implementation and maintenance options [3] Production Capacity & Quality Assurance - The Japan facility is capable of producing up to 20,000 AI servers annually, with plans for future expansion to meet global demand [5] - The center will adhere to Japan's rigorous execution standards to ensure high reliability for its high-performance AI servers [5]

Core Insights - Both Iren and Applied Digital have transitioned from the crypto industry to focus on AI and high-performance computing, each adopting different strategies to capture AI-related business opportunities [2][5] Company Overview: Iren - Iren's stock has increased over 400% in the past year, with a current market cap of $20 billion and a high forward price-to-earnings (P/E) ratio of around 50 [4] - The company recently secured a $9.7 billion AI cloud contract with Microsoft, leading to a significant improvement in net income from a loss of $51.7 million in Q1 of the previous fiscal year to a gain of $384.6 million in Q1 of fiscal 2026 [4][3] - Iren retains flexibility by operating in both crypto and high-performance computing, allowing it to adapt based on market demand [3] Company Overview: Applied Digital - Applied Digital's stock has surged over 500% in the past year, with a current market cap of $11 billion and a gross margin of 16.40% [6][7] - The company reported a 250% increase in revenue in its latest quarter, benefiting from multibillion-dollar leases with hyperscalers and a backlog of $16 billion [7] - Applied Digital focuses on building high-performance data centers and offering long-term leases, which provides predictable cash flows [5] Investment Considerations - Investors seeking cash flow predictability may find Applied Digital more appealing due to its stable revenue from contracts [8] - Iren offers optionality and upside potential but comes with higher volatility due to the cyclical nature of crypto and uncertainties in the AI compute market [8][9] - Both companies have shown significant returns driven by positive sentiment towards AI infrastructure, but they are not considered low-risk investments [9]

New York, New York--(Newsfile Corp. - January 29, 2026) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ: FRMI), certain of the Company's senior executives and directors, and underwriters of Fermi's Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws. If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://ww ...

Core Insights - IREN LIMITED (NASDAQ:IREN) is transitioning from a crypto mining company to a leader in AI infrastructure, positioning itself for potential outperformance in the AI sector [1][4][6] - The S&P 500 is reaching record highs, driven by technology and AI stocks, encouraging a shift towards higher-risk investments in AI infrastructure [2] - IREN's Sweetwater 1 facility, with a capacity of approximately 1.4 gigawatts, is crucial for realizing its Annual Recurring Revenue (ARR) and sustaining valuation into fiscal year 2026 [3][4] Company Performance - IREN's stock price is currently around $57.85, reflecting a decrease of about 8.09% from a previous high of $76.87 over the past year [5] - The company has a market capitalization of approximately $16.4 billion, with a trading volume of around 17.8 million shares today [5] - IREN's stock has seen an 8.30% increase recently, indicating growing momentum in the market [4][6] Industry Context - IREN and CoreWeave Inc. are recognized as leading players in the AI infrastructure sector, with significant investments driving their growth [2][6] - CoreWeave has received a $2 billion investment from Nvidia, enhancing its partnership and expansion efforts [2] - The AI infrastructure sector is experiencing a rebound, with companies like IREN positioned to capitalize on the increasing demand for AI workloads [2][4]