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American Focus > Blog > Economy > Jim Cramer on Fermi Inc.: “It’s Kind of More of a Business Plan Than an Actual Business”
Economy

Jim Cramer on Fermi Inc.: “It’s Kind of More of a Business Plan Than an Actual Business”

Last updated: October 6, 2025 1:29 am
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Jim Cramer on Fermi Inc.: “It’s Kind of More of a Business Plan Than an Actual Business”
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Fermi Inc. (NASDAQ:FRMI) recently came under scrutiny by Jim Cramer, who expressed his reservations about endorsing the stock at this time. He remarked:

“It’s quite remarkable, really. This is a company that was nonexistent at the start of the year. At present, I view it more as a concept than an established business… Because of the nature of their operations, it may take a considerable period before they start seeing profits. I found their restructuring perplexing. In case you haven’t picked up on it yet, there aren’t any financial metrics available for Fermi at the moment. The company has yet to generate revenue and has accumulated just over $6 million in expenses during its first nine months…

Stock market articles printed on paper. Image by RDNE Stock Project on Pexels.

Fermi Inc. (NASDAQ:FRMI) is in the process of creating advanced electric grids intended to support cutting-edge artificial intelligence technologies. Their envisioned campus aims to combine nuclear, natural gas, solar, battery systems, and traditional utility power to generate robust, gigawatt-level energy solutions.

While we recognize FRMI’s investment potential, we believe there are alternative AI stocks that may provide higher rewards with less risk. If you’re interested in discovering a significantly undervalued AI stock well positioned to gain from Trump-era tariffs and the shift towards onshoring, check out our complimentary report on the best short-term AI stock.

See also  General Motors’ Q3 2025 Earnings: What to Expect
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