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Fermi Inc. (NASDAQ:FRMI) is a US-based energy and hyperscaler development company focused on infrastructure for AI development. Analysts recommend buying the stock, with a consensus 1-year median price target of $32, an upside of over 102%. The company's 5,200-acre campus in Amarillo, Texas, is poised to become the largest AI data center campus in the US, with 11 GW of tenant-direct power and 15 million square feet of data center shells by 2038.

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