Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand

Fervo Energy's IPO was a success, with a 33% increase in stock price. This is significant due to the growing demand for AI data centers, which is driving investment in geothermal energy. The IPO was upsized multiple times to meet investor demand. Engineers should be aware of the increasing interest in geothermal energy for data center applications.