Serve Robotics Stock Rises for Second Consecutive Day Amid Broader Tech Rally

Shares of Serve Robotics (SERV) surged 9.3% by midmorning, extending gains after a 6.8% rise yesterday. The MOVE comes despite no company-specific news, instead tracking Tesla's 5.4% climb as CEO Elon Musk emphasizes robotics ambitions. "80% of Tesla's value will be Optimus," Musk recently declared, referencing the automaker's prototype humanoid robot.

The rally reflects growing speculative interest in emergent technologies. Quantum computing stocks posted double-digit gains simultaneously, while adjacent sectors like eVTOL aircraft and solid-state batteries have seen similar momentum. Serve Robotics—a food delivery automation specialist partnered with Uber Eats—appears caught in this updraft as investors seek robotics exposure.

Market dynamics suggest traders are rotating toward high-risk, high-reward plays as Tesla's core EV business slows. Serve's lack of direct ties to Tesla hasn't deterred buyers betting on sector-wide enthusiasm. The stock now serves as a liquid proxy for autonomous delivery systems, though its fundamentals remain untested at scale.