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Fervo Energy IPO pops 33% as AI data center demand grows

Filed: May 13, 2026 at 3:03 PM ET
Summary: Geothermal startup Fervo Energy shares rose 33% in its IPO debut amid AI data center demand.
WHO: Fervo Energy
WHAT: Fervo Energy’s IPO debut shares jumped 33%
WHEN: May 13, 2026 at 1:42 PM ET
WHERE: USA
WHY: The IPO was fueled by investor demand tied to AI data center needs.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
📋 This story has 2 earlier reports
🔍 6 sources analyzed

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