Richtech Robotics (RR) saw its stock price surge 6.33% 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 growth of the robotics industry, with Commerce Secretary Howard Lutnick actively engaging with robotics CEOs. The administration is considering an executive order on robotics in 2026, and the Department of Transportation is expected to announce a robotics working group soon. This initiative has sparked bullish sentiment across the sector, benefiting companies like Richtech Robotics.
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