The Zhitong Finance App learned that Fermi (FRMI.US), which focuses on AI hyperscale data center development, said on Tuesday that it has signed a credit support agreement with AMD (AMD.US) to support a lease arrangement for the first phase of its energy and artificial intelligence facility Project Matador Park in Texas, marking a key step in obtaining financing for the project. Boosted by this news, as of press time, Fermi's US stock market rose 18% at the beginning of Tuesday.

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