We have recently released an article titled 12 Stocks Jim Cramer Spoke About In An Episode Discussing Data Centers. Among these stocks is Fermi Inc. Common Stock (NASDAQ:FRMI), which Jim Cramer has recently highlighted.
When the episode aired, Fermi Inc. Common Stock (NASDAQ:FRMI) had just been listed for trading. The company aims to address the increasing demand for AI infrastructure by developing a data center complex powered by nuclear, natural gas, and solar energy. Fermi Inc. Common Stock (NASDAQ:FRMI) is committed to utilizing clean energy for its AI data operations. Cramer remarked on the firm after co-host David Faber pointed out that an immediate dilution of $18.90 was not ideal. Since its trading debut, the stock has depreciated by 6.7%. Here is Cramer’s take on Fermi Inc. Common Stock (NASDAQ:FRMI):
“I believe this is indeed a fascinating case. . . Toby Neugebauer, he had an anti-woke banking approach. . .
While we recognize the investment potential of FRMI, we believe that there are certain AI stocks which may offer greater opportunities for significant returns with minimized risks. If you’re in search of an exceptionally affordable AI stock that also stands to benefit from Trump tariffs and the onshoring movement, check out our complimentary report on the best short-term AI stock.
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Disclosure: None. This article was originally published at Insider Monkey.