{"id":22952,"date":"2025-10-27T13:47:08","date_gmt":"2025-10-27T13:47:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/22952\/"},"modified":"2025-10-27T13:47:08","modified_gmt":"2025-10-27T13:47:08","slug":"fermi-orders-four-big-nuclear-reactors-for-texas-data-centers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/22952\/","title":{"rendered":"Fermi Orders Four Big Nuclear Reactors for Texas Data Centers"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/FRMI:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Fermi Inc.<\/a> has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Shares rose as much as 9% after the announcement and a slew of buy ratings <a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/T4SDULGOYMTD\" class=\"media-ui-Link_link-tVkXhPLPofs- whitespace-normal\" target=\"_blank\" rel=\"noopener nofollow\" data-component=\"link\">initiatedBloomberg Terminal<\/a> by Wall Street analysts. The developer, though, doesn\u2019t generate revenue yet and is wading into one of the most complicated and expensive types of power plants to build. The US has built just two reactors this century \u2014 the Vogtle project in Georgia \u2014 that were completed with significant <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-24\/brookfield-in-talks-to-revive-abandoned-south-carolina-reactors\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">overruns<\/a> and delays. <\/p>\n","protected":false},"excerpt":{"rendered":"Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for&hellip;\n","protected":false},"author":2,"featured_media":22953,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[16617,11394,16613,16616,16615,6709,16614,111,2647,27,29,28,7716],"class_list":["post-22952","post","type-post","status-publish","format-standard","has-post-thumbnail","category-texas","tag-donald-john-trump","tag-engineering","tag-fermi-inc","tag-georgia","tag-hyundai-engineering-const","tag-markets","tag-power-plants","tag-real-estate","tag-rick-perry","tag-texas","tag-texas-headlines","tag-texas-news","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/22952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=22952"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/22952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/22953"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=22952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=22952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=22952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}