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Fermi Shares Plunge After Announcing Departure of CEO

Fermi shares fell as much as 31% in post-market trading after the developer behind a massive planned AI campus in Texas announced the immediate departure of co-founder and Chief Executive Officer Toby Neugebauer.

This article was originally published by Bloomberg Markets and is republished here under license.

Fermi shares fell as much as 31% in post-market trading after the developer behind a massive planned AI campus in Texas announced the immediate departure of co-founder and Chief Executive Officer Toby Neugebauer.

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