10 Stocks Already Shocking 2026 With Massive Gains

6. Fermi Inc. (NASDAQ:FRMI)

Fermi soared by 15.75 percent week-on-week, as investors placed bets ahead of expected business updates next week, alongside renewed optimism for the artificial intelligence industry.

According to Fermi Inc. (NASDAQ:FRMI), it would participate in the two-day Evercore Power Conference in West Palm Beach, Florida from Thursday to Friday, January 8 and 9, 2026, where investors will closely watch out for business updates and guidance about its outlook for 2026.

In recent news, Fermi Inc. (NASDAQ:FRMI) announced the pullout of one of its major tenants from a $150 million data center leasing agreement signed earlier. It did not divulge the name or the reason for the termination.

However, Fermi Inc. (NASDAQ:FRMI) assured its investors that it remained in discussions with other companies to lure them to lease its data centers.

In support of the campus development, Fermi Inc. (NASDAQ:FRMI) also inked a power supply agreement with Southwestern Public Service Company (SPS)—a subsidiary of Xcel Energy—for the delivery of up to 200 MW of power capacity to the data center.

Fermi Inc. (NASDAQ:FRMI), also known as Fermi America, is a company engaged in the development of next-generation private electric grids to deliver highly redundant power to support AI.