K-Tech Solutions shares surge 19.35% after-hours after announcing 500MW AI/HPC joint venture with Aurora AZ Energy.

K-Tech Solutions surged 19.35% in after-hours trading following the announcement of a 500MW AI/high-performance computing (HPC) joint venture with Aurora AZ Energy in Canada, leveraging low-cost natural gas. The partnership positions the company to enter the AI infrastructure market, utilizing scalable, energy-efficient solutions that align with growing demand for HPC and crypto mining. The stock’s intraday session had already seen a 21.9% rally, driven by the same news, with heavy trading volume signaling strong investor interest. While a separate Schedule 13D filing by major shareholder Kwok Yiu Wah disclosed a 92.53% beneficial stake, the filing emphasized long-term investment intent without plans for corporate changes, making it less directly linked to the stock’s after-hours movement. The joint venture remains the primary catalyst for the upward trajectory.