--- title: "FCX Freeport-McMoRan" canonical: "https://supercyclehq.com/stock/freeport-mcmoran" type: "stock" dataAsOf: "2026-11-06" ticker: "FCX" license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset." disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI." --- # Freeport-McMoRan (FCX) Freeport-McMoRan is the largest US-listed copper miner. ## AI Exposure Score **35/100, Growing.** Freeport mines copper, which data centers, grid upgrades, and electrification consume in far greater quantities than conventional construction. AI demand is a growing pillar of the copper deficit thesis, but pricing still depends on global industrial cycles and China. ## Quote | Field | Value | | --- | --- | | Price (EOD close) | $59.42 | | Change 1d | +2.63% | | Change 7d | -4.88% | | Change 30d | -16.29% | | Change 1y | +50.65% | | 52-week high | $79.74 | | 52-week low | $38.64 | | Market cap | $85.3B | | P/E | 24.97 | | EPS | $2.38 | | Next earnings | 2027-01-21 | Quote as of 2026-11-06. ## Company | Field | Value | | --- | --- | | Exchange | NYSE | | Sector | Basic Materials | | Headquarters | Phoenix, Arizona | | CEO | Kathleen Lynne Quirk | | Employees | 29,000 | | Website | https://fcx.com | | Buildout layers | [Raw Materials & Mining](https://supercyclehq.com/category/raw-materials) | ## What the company does Freeport-McMoRan is the largest US-listed copper miner. It makes money by mining and selling copper, with profitability driven by copper prices, production volumes, and mining costs across its operations. Its connection to AI is the metal itself. Data centers built for AI consume roughly ten times the copper of conventional facilities, and the grid upgrades and electrification needed to power them add further demand. That makes Freeport a core raw material supplier to the buildout even though it sells no technology. Founded in 1912 and headquartered in Phoenix, Arizona, Freeport trades on the NYSE and employs roughly 29,000 people. ## Role in the AI buildout Freeport sits in the Raw Materials & Mining layer of the buildout. AI data centers consume roughly ten times the copper of conventional facilities, and grid upgrades and electrification multiply that demand, making copper supply a growing pillar of the buildout story. Copper pricing still depends on global industrial cycles and China, so AI is one demand driver among several. Supercycle scores its AI exposure at 35 out of 100. ## Tracked investors holding it (13F) | Investor | Fund | Position value | Portfolio % | Change | Period | | --- | --- | --- | --- | --- | --- | | [George Soros](https://supercyclehq.com/investors/george-soros) | Soros Fund Management | $3.9M | 0.05% | new | 2026-06-30 | ## Recent news - [FCX vs. SCCO: Which Stock Is the Better Value Option?](https://finance.yahoo.com/markets/stocks/articles/fcx-vs-scco-stock-better-154003721.html?.tsrc=rss) (source, 2026-11-06) - [The Zacks Analyst Blog Highlights Archer-Daniels-Midland, Freeport-McMoRan, UnitedHealth, Casey's General Stores and Crane](https://finance.yahoo.com/markets/stocks/articles/zacks-analyst-blog-highlights-archer-132300344.html?.tsrc=rss) (source, 2026-11-06) - [Are Basic Materials Stocks Lagging FreeportMcMoRan (FCX) This Year?](https://finance.yahoo.com/markets/stocks/articles/basic-materials-stocks-lagging-freeportmcmoran-134003432.html?.tsrc=rss) (source, 2026-11-05) - [Wall Street Analysts Think Freeport-McMoRan (FCX) Is a Good Investment: Is It?](https://finance.yahoo.com/markets/stocks/articles/wall-street-analysts-think-freeport-133002578.html?.tsrc=rss) (source, 2026-11-05) - [Investors Heavily Search Freeport-McMoRan Inc. (FCX): Here is What You Need to Know](https://finance.yahoo.com/markets/stocks/articles/investors-heavily-search-freeport-mcmoran-130003719.html?.tsrc=rss) (source, 2026-11-05) ## FAQ ### What does Freeport-McMoRan do? Freeport is the largest US-listed copper miner. It earns revenue by mining and selling copper, with results driven by copper prices, production volumes, and operating costs. ### How is Freeport exposed to AI? AI data centers consume roughly ten times the copper of conventional facilities, and grid upgrades add more demand. Pricing still follows global cycles, so Supercycle scores it 35 out of 100. ### Why does the AI buildout need copper? Data centers require copper for power distribution and cooling infrastructure, and the grid upgrades and electrification needed to power them consume large additional quantities of the metal. ### Is FCX a pure play AI stock? No. Freeport is a commodity producer whose prices depend on global industrial cycles and China. Its AI Exposure Score of 35 out of 100 reflects AI as a growing pillar of copper demand. ### Where is Freeport based and who leads it? Freeport-McMoRan is headquartered in Phoenix, Arizona, and is led by CEO Kathleen Quirk. Founded in 1912, it employs roughly 29,000 people and trades on the NYSE. --- Source: https://supercyclehq.com/stock/freeport-mcmoran. Data as of 2026-11-06. Prices are end-of-day closes, never live. Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI. Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.