Serve Robotics Inc. (SERV) stock surged 12.52% in the pre-market session on Tuesday, as shares of companies in the artificial intelligence (AI) and robotics sectors saw a broad overnight rally.
The rally in AI and robotics stocks appeared to be driven by growing investor optimism around the potential of these technologies. With companies like Nvidia (NVDA) at the forefront of AI innovation, traders are betting that firms focused on AI applications, such as Serve Robotics in the autonomous delivery robots space, could see significant growth in the coming years.
Nvidia's dominance in AI computing extends far beyond its current core area of expertise in chip design. The company has built an ecosystem of hardware, software, and development tools that makes it essential to AI advancement across various industries, including robotics. As a leader in autonomous delivery robots, Serve Robotics is well-positioned to capitalize on the growing adoption of AI and robotics technologies in the last-mile delivery market.
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