📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Fermi(FRMI.US) Fermi Signs 15-Year TensorWave AI Data Center Lease Worth Approximately $6.5 Billion - $AMD(AMD.US)
👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:➤ 𝗙𝗲𝗿𝗺𝗶 signs binding lease with AI cloud provider 𝗧𝗲𝗻𝘀𝗼𝗿𝗪𝗮𝘃𝗲.➤ Agreement represents approximately $𝟲.𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in contracted revenue.➤ Initial lease term spans 𝟭𝟱 𝘆𝗲𝗮𝗿𝘀, with two five-year renewal options.➤ Facility will receive 𝟮𝟮𝟮 𝗠𝗪 of total power capacity.➤ Phased facility delivery is scheduled to begin in 𝗛𝟮 𝟮𝟬𝟮𝟳.➤ Expansion rights could increase partnership capacity beyond 𝟲𝟱𝟬 𝗠𝗪.➤ Facility could support tens of thousands of 𝗔𝗠𝗗 𝗜𝗻𝘀𝘁𝗶𝗻𝗰𝘁 𝗚𝗣𝗨𝘀.➤ 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗠𝗮𝘁𝗮𝗱𝗼𝗿 has approximately 𝟲 𝗚𝗪 of planned 𝟭𝟳 𝗚𝗪 permitted.➤ Fermi has invested more than $𝟭.𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in the buildout.➤ Project's first power remains targeted for 𝟮𝟬𝟮𝟲.👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:➤ $𝟲.𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 contract provides significant long-term revenue visibility for Fermi.➤ Expansion beyond 𝟲𝟱𝟬 𝗠𝗪 could substantially increase the partnership's scale.➤ Deployment strengthens 𝗔𝗠𝗗's exposure to large-scale AI training and inference.➤ Deal validates demand for Fermi's massive 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗠𝗮𝘁𝗮𝗱𝗼𝗿 AI campus.The copyright of this article belongs to the original author/organization.
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