Fermi secures $6.5 billion AI campus lease deal
Fermi (NASDAQ:FRMI) reported second-quarter 2026 results and announced progress on Project Matador, including a 15-year turnkey lease agreement with TensorWave valued at approximately $6.5 billion.

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.
Fermi (NASDAQ:FRMI) reported second-quarter 2026 results and announced progress on Project Matador, including a 15-year turnkey lease agreement with TensorWave valued at approximately $6.5 billion.
Global Net Lease (NYSE:GNL) completed its acquisition of Modiv Industrial on August 12, 2026, adding an industrial net-lease portfolio valued at approximately $535 million and expanding its industrial property exposure.
Semtech (NASDAQ:SMTC) agreed to sell its cellular module business to Compal Electronics for $62 million in cash as part of a portfolio shift toward data center networking and LoRa connectivity.
Suzano (NYSE:SUZ) reported second-quarter 2026 revenue of R$11.6 billion, adjusted EBITDA of R$4.7 billion, and net income of R$1.8 billion as pulp and paper sales volumes increased.
Duolingo (NASDAQ:DUOL) announced the acquisition of Animade, a London-based animation and motion design studio, to expand its in-house Design Studio and support product experience development.
A large holder sold Hyperliquid (CRYPTO:HYPE) tokens, according to blockchain data cited by BitcoinWorld.
Zeotech (ASX:ZEO) signed a non-binding MOU with VINCI Construction to trial AusPozz high-performance metakaolin in concrete projects.
Analysts are debating whether protocol revenue and token buybacks should play a larger role in valuing crypto projects, according to Cointelegraph.
X-energy (NASDAQ:XE) reported second-quarter 2026 total revenues and grant income of $54.6 million, up 154% from $21.5 million a year earlier, as activity increased under its U.S. Department of Energy cost-share agreement for the Xe-100 reactor project.
AusQuest (ASX:AQD) extended its drilling programme at the Coober Pedy Iron-Oxide Copper-Gold Project.
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