Serve Robotics Inc. (NASDAQ: SERV) surged 5.89% during intraday trading on Thursday, reflecting strong investor optimism in the robotics sector.
The rally follows reports that the Trump administration is planning to accelerate the development of the robotics industry, including potential executive orders and working groups. Commerce Secretary Howard Lutnick has been actively engaging with robotics CEOs, signaling strong government support for the sector. This broader industry tailwind has lifted Serve Robotics and other automation-focused stocks.