Fermi, the data center REIT focused on supporting high-performance computing operations, just took a major hit. Stock plummeted 34% as a major customer backed out of a significant funding agreement. The pullback highlights the fragility in infrastructure financing during uncertain market conditions. For those tracking GPU availability and compute capacity plays in the Web3 space, this kind of supply chain disruption is worth monitoring closely.
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OnchainFortuneTeller
· 15h ago
Forget it, the recent sharp drop of Fermi is indeed a bit outrageous, dropping 34% directly... It shows that those seemingly stable infrastructure financings are actually all paper tigers.
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NFTragedy
· 15h ago
It looks like GPU computing power is about to be reshuffled again, with Fermi being cut by 34% directly... This is the current state of crypto infrastructure—when a major client runs away, the entire chain has to tremble.
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OnchainHolmes
· 15h ago
Wow, Fermi drops by 34% directly, this client backstabbing is really vicious.
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GlueGuy
· 15h ago
Fermi has directly crashed this time. Whether it’s computing infrastructure or not depends on the long-term perspective.
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ETHmaxi_NoFilter
· 15h ago
Fermi, this round really failed... a 34% drop directly, big clients breaking contracts is truly the end. The fragility of this kind of infrastructure financing should have been obvious long ago, and now the GPU shortage issue on the Web3 side has to be dealt with again.
Fermi, the data center REIT focused on supporting high-performance computing operations, just took a major hit. Stock plummeted 34% as a major customer backed out of a significant funding agreement. The pullback highlights the fragility in infrastructure financing during uncertain market conditions. For those tracking GPU availability and compute capacity plays in the Web3 space, this kind of supply chain disruption is worth monitoring closely.