** Shares of Richtech Robotics RR.O surge 36% to $5.18 on Tues after co unveiled Microsoft MSFT.O partnership
** RR shares on course for steepest daily pct gain in just over a year and hit a three-month high
** Las Vegas, Nevada-based firm early Tues announced "a hands-on collaboration with Microsoft through the Microsoft AI Co-Innovation Labs to jointly develop and deploy agentic artificial intelligence capabilities in real-world robotic systems"
** Per the statement, the two firms worked together to enhance RR's flagship ADAM robot "with additional layers of context awareness"
** RR is the #2 trending ticker on retail investor forum Stocktwits on Tues
** About 119 mln RR shares have traded so far on the session, roughly 3x the stock's 10-DMA volume, per LSEG
** Maker of robots for restaurants, hotels, senior living homes and other businesses has ~215 mln shares outstanding for roughly $800 mln market cap through Mon
** With the move on Tues, stock up ~60% to begin the year after ~20% gain in 2025
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))