This Data Center IPO Shows Wall Street Is Still Hungry for AI Stocks

1. Fermi stock soared 55% on its IPO debut, closing at $32.53. 2. The company is building a large AI data center in Texas Panhandle. 3. Fermi, as a REIT, will take time to generate revenue and pay dividends. 4. Sector interest remains high despite concerns over valuation bubbles. 5. Fermi's unique single-site focus differs from typical diversified REITs.